Income Distribution, Consumption, and Economic Growth in Italy
讨论了莫迪利亚尼等人的生命周期假说在1960-70年代意大利难以被接受的原因，并指出后凯恩斯主义影响下，卡尔多理论被更广泛地用于解释意大利储蓄行为。
The paper discusses Modigliani, Brumberg, and Ando’s life cycle hypothesis and its difficult acceptance in Italy over the 1960s and 1970s. The increasing attention to the effects of income redistribution on consumption coupled with the strong influence that post-Keynesian economics exercised on the theoretical and political debate of that time led to a widespread preference of Kaldor’s theory as over the life cycle as the best representation of Italian savings behavior.