On the Concavity of the Consumption Function

DOI10.2307/2171853zbMath0856.90035MaRDI QIDQ4895054

Miles S. Kimball, Christopher D. Carroll

Publication date: 13 October 1996

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/62f8e97e83b14f4491e28c67181653c03abba4f0

zbMATH Keywords

marginal propensity to consume; income uncertainty; policy rule; concave consumption function

Mathematics Subject Classification ID

91B42: Consumer behavior, demand theory

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