This is about a year old, but interesting take on the Permanent Income Hypothesis and its validity..… - ETF and Retirement Maven

This is about a year old, but interesting take on the Permanent Income Hypothesis and its validity.. Anyone have any insight based on experience?

On Why It is Important to Distinguish Between Consumption and Expenditures When Testing the Permanent Income Hypothesis

On Why It is Important to Distinguish Between Consumption and Expenditures When Testing the Permanent Income Hypothesis

A central idea in modern macroeconomics is the permanent income hypothesis. The basic idea is as follows. Suppose that you could…

everydayecon.wordpress.com

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No. 1-1

rogernusbaum

Editor

Jan 3

that is interesting, tough to bet on people acting rationally though...

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