This paper has two main goals. The first is to investigate the role that behavioral principles play in the micro-foundation of Keynes’s consumption theory, the second to discuss the possibility of grounding a Keynesian-type aggregate consumption function on the basis of (some of) the principles underlying contemporary behavioral models.
Behavioral foundations for the Keynesian consumption function
D'ORLANDO, Fabio;SANFILIPPO, Eleonora
2010-01-01
Abstract
This paper has two main goals. The first is to investigate the role that behavioral principles play in the micro-foundation of Keynes’s consumption theory, the second to discuss the possibility of grounding a Keynesian-type aggregate consumption function on the basis of (some of) the principles underlying contemporary behavioral models.File in questo prodotto:
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