Since the late 1960s, Robert Hall's research has had a significant impact on the macroeconomic study of consumer behavior. The Rational Consumer brings together eight articles that represent key points in the development of Hall's ideas on consumption over the past two decades. In his...

January 1997, Version 1.01 <p>Prepared for the American Economic Review Papers and Proceedings , May 1997. <p>See also "The Productivity of Nations"