1974•The Economic JournalRequires access

Permanent Income, Wealth, and Consumption.

Angus Deaton, Thomas Mayer

Abstract

Journal Article Thomas Mayer. Permanent Income, Wealth, and Consumption Get access Permanent Income, Wealth, and Consumption. A Critique of the Permanent Income Theory, the Life-Cycle Hypothesis, and Related Theories. By Thomas Mayer. (Berkeley: University of California Press, 1973. Pp. xiv + 415. £6.75.) Angus Deaton Angus Deaton Fitzwilliam College and Department of Applied Economics, Cambridge. Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 84, Issue 333, 1 March 1974, Pages 200–202, https://doi.org/10.2307/2230502 Published: 01 March 1974

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Key concepts: Permanent income hypothesis, Consumption (sociology), Economics, Life-cycle hypothesis, Demographic economics, Sociology, Keynesian economics, Social science