NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Permanent Income Hypothesis

Milton Friedman

Chapter in NBER book A Theory of the Consumption Function (1957), Milton Friedman (p. 20 - 37)
Published in 1957 by Princeton University Press

download in pdf format
   (287 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Users who downloaded this chapter also downloaded* these:
Friedman The Relation Between the Permanent Income and Relative Income Hypotheses
Christiano, Eichenbaum, and Marshall w2209 The Permanent Income Hypothesis Revisited
Carroll w5788 Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
Carroll w8387 A Theory of the Consumption Function, With and Without Liquidity Constraints (Expanded Version)
Friedman Evidence from Income Data on the Relative Importance of Permanent and Transitory Components of Income
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us