Theory of the Consumption Function: 63 (National Bureau of Economic Research)

by Milton Friedman (Author)

• New

  Paperback
  2008

  $40.74

  What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? This book presents a theory of the consumption function, and tests it against extensive statistical material.