Listar Grau en Economia por autoría "a63a6bec-b8f1-413d-806c-74139468d09c"
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Stochastic Implications of the Life Cycle-Permanent Income Hypothesis in Spain: Theory Vs. Evidence
Ruiz Fernández, Sheila Universitat Jaume I (2016-06-14)In 1978 Robert E. Hall published his work on the stochastic implications of the hypothesis of life-cycle and permanent income. The marginal utility of consumption evolves with a tendency to a random walk, this means ...