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Ingreso y Consumo Permanente y su Relación, en Cuatro Ciudades Colombianas

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  • Philip Musgrove

Abstract

This investigation examines two important aspects of permanent income and consumption: the relation of consumption to income, when the transitory components are excluded, and the relative importance of the transitory components. The results are fairly uni

Suggested Citation

  • Philip Musgrove, 1987. "Ingreso y Consumo Permanente y su Relación, en Cuatro Ciudades Colombianas," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 24(71), pages 29-44.
    • Handle: RePEc:ioe:cuadec:v:24:y:1987:i:71:p:29-44
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    1. Bhalla, Surjit S, 1980. "The Measurement of Permanent Income and Its Application to Savings Behavior," Journal of Political Economy, University of Chicago Press, vol. 88(4), pages 722-744, August.
    2. Goldberger, Arthur S, 1972. "Maximum-Likelihood Estimation of Regressions Containing Unobservable Independent Variables," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 13(1), pages 1-15, February.
    3. Milton Friedman, 1957. "A Theory of the Consumption Function," NBER Books, National Bureau of Economic Research, Inc, number frie57-1.
    4. Musgrove, Philip, 1979. "Permanent Household Income and Consumption in Urban South America," American Economic Review, American Economic Association, vol. 69(3), pages 355-368, June.
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