Author:
Tobin, James, 1918-2002.
Edition Statement:1st MIT Press ed.
Imprint:Cambridge, Mass. : MIT Press, 1987.
Descriptionvii, 492 p. : ill. ; 24 cm.
Note:"This is the second of two volumes of essays in economic science published from 1940 to 1972. The first volume, published in 1972, contained twenty-four papers on macroeconomics. The first four chapters of this volume continue the macroeconomic theme...." -- Preface
Note:Part IV: Inflation and unemployment: The cruel dilemma -- Phillips curve algebra -- The wage-price mechanism -- Inflation and unemployment -- Part V: The consumption function: The consumption function -- Relative income, absolute income, and saving -- Milton Friedman's theory of the consumption function -- Life cycle saving and balanced growth -- Wealth, liquidity, and the propensity to consume -- Monetary and fiscal effects on consumption -- Consumer debt and spending: some evidence from analysis of a survey -- Consumer expenditures and the capital account -- On the relevance of psychology to economic theory and research -- On the predictive value of consumer intentions and attitudes -- Part VI. Rationing: A survey of the theory of rationing -- The effects of rationing on demand elasticities -- Estimates of the free demand for rationed foodstuffs -- Part VII. Econometrics: A statistical demand function for food in the U.S.A. -- Multiple probit regression of dichotomous economic variables -- Estimation of relationships for limited dependent variables.
Bibliography Note:Includes bibliographies and index.
Note:Recommended in Resources for College Libraries
