The Consumption Function in Italy: A Critical Survey

Nicola Rossi, Ezio Tarantelli and Carlo Tresoldi
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Nicola Rossi: Bank Of Italy
Ezio Tarantelli: Bank Of Italy
Carlo Tresoldi: Bank Of Italy

Chapter 6 in The Determinants of National Saving and Wealth, 1983, pp 140-151 from Palgrave Macmillan

Abstract: Abstract The aim of this paper is to summarise and review the principal results of our investigations of the aggregate consumption function in Italy. It is based on work undertaken at the Bank of Italy. These studies began in 1974, and deal systematically with issues that have been of interest to theorists in recent years, and in particular the permanent income and life cycle hypotheses.

Keywords: Interest Rate; American Economic Review; Labour Income; Capital Gain; Income Elasticity (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-17028-9_6

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DOI: 10.1007/978-1-349-17028-9_6

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