宏观经济学consumptionPPT.pptVIP

;在本章，你将学到以下内容…;Keynes’s conjectures;The Keynesian consumption function;The Keynesian consumption function;The Consumption Puzzle;Irving Fisher and Intertemporal Choice;The basic two-period model;Deriving the intertemporal budget constraint;The intertemporal budget constraint;The intertemporal budget constraint;The intertemporal budget constraint;Consumer preferences;Consumer preferences;Optimization;How C responds to changes in Y ;Keynes vs. Fisher;A;How C responds to changes in r;;Constraints on borrowing;Constraints on borrowing;Constraints on borrowing;Consumer optimization when the borrowing constraint is not binding;Consumer optimization when the borrowing constraint is binding;在借贷约束下是增加了还是减少了财政政策对总需求的影响？;The Life-Cycle Hypothesis;The Life-Cycle Hypothesis;The Life-Cycle Hypothesis;Implications of the Life-Cycle Hypothesis;Implications of the Life-Cycle Hypothesis;老年人的消费和储蓄;The Permanent Income Hypothesis;The Permanent Income Hypothesis;The PIH can solve the consumption puzzle: The PIH implies APC = C / Y = a Y P/ Y 高收入家庭比低收入家庭有更高的transitory income, APC is lower in high-income households. 在长期，收入变化主要是因为持久收入的变化，这意味APC稳定。Over the long run, income variation is due mainly (if not solely) to variation in permanent income, which implies a stable APC. ;The 1964 Tax Cut and the 1968 Tax Surcharge;PIH vs. LCH;The Random-Walk Hypothesis;The Random-Walk Hypothesis;Implication of the R-W Hypothesis;The Psychology of Instant Gratification;The Psychology of Instant Gratification;Two questions and time inconsistency前后不一致;Summing up;Chapter Summary;Chapter Summary;Chapter Summary;Chapter Summary;Chapter Summary;Chapter Summary