Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/159021 
Year of Publication: 
1993
Series/Report no.: 
Quaderni - Working Paper DSE No. 178
Publisher: 
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE), Bologna
Abstract: 
In this paper we analyze the implicaions of the life cyrcle model for consumption and consider the possibility of testing the model using macro and micro data. We conclude that the implications of the model cannot be tested with macro data, whose analysis, however, is useful for forecats. We provide some evidence from US and UK micro datasets which shows that the life cycle model, at a first glance, is not unconsistent with tha data.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Working Paper

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