Note
College of Business
Member of
Contributors
Publisher
Florida Atlantic University
Date Issued
1976
Description
This thesis reviews the major literature associated
with the Life Cycle Hypothesis of Consumption and Saving as
formulated by Franco Modigliani, Richard Brumberg and Albert
Ando. The initial microeconomic formulation of the theoretical
model of individual consumer behavior in terms of life
time planning was examined under conditions of both stability
and growth. Next, the attempts to seek empirical support for
the propositions of the theory in cross-section survey data and
the tests of the aggregate implications of the theory were
examined. It was concluded that within the current conceptual
framework of macroeconomics the theory has a fairly
high level of explanatory force, and should further future
inquiry.
with the Life Cycle Hypothesis of Consumption and Saving as
formulated by Franco Modigliani, Richard Brumberg and Albert
Ando. The initial microeconomic formulation of the theoretical
model of individual consumer behavior in terms of life
time planning was examined under conditions of both stability
and growth. Next, the attempts to seek empirical support for
the propositions of the theory in cross-section survey data and
the tests of the aggregate implications of the theory were
examined. It was concluded that within the current conceptual
framework of macroeconomics the theory has a fairly
high level of explanatory force, and should further future
inquiry.
Language
Type
Form
Extent
111 p.
Subject (Topical)
Identifier
13814
Additional Information
College of Business
Thesis (M.A.)--Florida Atlantic University, 1976.
FAU Electronic Theses and Dissertations Collection
Date Backup
1976
Date Text
1976
Date Issued (EDTF)
1976
Extension
FAU
FAU
admin_unit="FAU01", ingest_id="ing1508", creator="staff:fcllz", creation_date="2007-07-19 01:40:00", modified_by="staff:fcllz", modification_date="2011-01-06 13:09:03"
IID
FADT13814
Issuance
monographic
Organizations
Attributed name: Florida Atlantic University
Attributed name: College of Business
Attributed name: Department of Economics
Person Preferred Name
SHELOR, CARROLL FREDERICK.
Graduate College
Physical Description
111 p.
application/pdf
Title Plain
REVIEW OF THE LIFE CYCLE HYPOTHESIS OF CONSUMPTION AND SAVING
Use and Reproduction
Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
http://rightsstatements.org/vocab/InC/1.0/
Origin Information
1976
monographic
Boca Raton, Fla.
Florida Atlantic University
Physical Location
Florida Atlantic University Libraries
Place
Boca Raton, Fla.
Sub Location
Digital Library
Title
REVIEW OF THE LIFE CYCLE HYPOTHESIS OF CONSUMPTION AND SAVING
Other Title Info
A
REVIEW OF THE LIFE CYCLE HYPOTHESIS OF CONSUMPTION AND SAVING