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The Normal Income Hypothesis in Chile

 

作者: RogerR. Betancourt,  

 

期刊: Journal of the American Statistical Association  (Taylor Available online 1971)
卷期: Volume 66, issue 334  

页码: 258-263

 

ISSN:0162-1459

 

年代: 1971

 

DOI:10.1080/01621459.1971.10482250

 

出版商: Taylor & Francis Group

 

数据来源: Taylor

 

摘要:

This study attempts to discriminate between two of the main alternative explanations of consumption behavior, the normal income hypothesis and the current income hypothesis, with data from a survey of Chilean households. The results support the normal income hypothesis but reject the secondary hypothesis that the normal income elasticity of consumption is unity. A review of other results using comparable testing procedures and data is provided.

 

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