An intergenerational theory of the consumption function
This thesis presents a theory of the consumption function called the 'Inter- Generational Hypothesis' (IGH). The theory starts from the premise that individuals derive utility not only from their own consumption, but also from the welfare of their offspring. Individuals are supposed to max...
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Durham University
1991
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.305008 |