A Retrospective on Friedman’s Theory of Permanent Income
回顾弗里德曼的持久收入假说,梳理其理论起源与基础,概述对现代经济学的影响,并讨论相关实证结果与弗里德曼原始方法的关联。
Friedman's book on the consumption function is one of the great works of Economics demonstrating how the interplay between theoretical ideas and data analysis can lead to major policy implications. We present a short review of Friedman's permanent income hypothesis, the origins of the idea and its theoretical foundations. We give a brief overview of its influence in modern economics and discuss some relevant empirical results and the way they relate to the original approach taken by Friedman.