Theory of the Consumption Function

by Milton Friedman

Book Overview

What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? In this volume a distinguished American economist presents a new theory of the consumption function, tests it against extensive statistical J material and suggests some of its significant implications. Central to the new theory is its...

• Format: Hardcover
• Language: English
• ISBN: 0691041822
• ISBN13: 9780691041827
• Release Date: June 1957
• Publisher: Princeton University Press
• Length: 260 Pages
• Weight: 1.15 lbs.
• Dimensions: 0.8" x 6.0" x 9.0"