Corrigendum to “The permanent income hypothesis, transitional dynamics, and excess sensitivity of consumption” [Struct. Change Econ. Dyn. 40 (2017) 10–25]

2017 ◽  
Vol 41 ◽  
pp. 78 ◽  
Author(s):  
H. Youn Kim
Keyword(s):  
Permanent Income ◽  
Permanent Income Hypothesis ◽  
Transitional Dynamics ◽  
Excess Sensitivity

Rural land and credit markets, the permanent income hypothesis and proto-industry: evidence from early modern Zurich

2007 ◽  
Vol 22 (3) ◽  
pp. 489-518 ◽  
Author(s):  
ULRICH PFISTER
Keyword(s):  
Life Course ◽  
Labour Force ◽  
Permanent Income ◽  
Land Markets ◽  
Permanent Income Hypothesis ◽  
Major Objective ◽  
Debt Contracting ◽  
The Family ◽  
The Life Course ◽  
Empirical Material

ABSTRACTThe study documents fluctuations of proto-industrial income, of occupation, debt and presence on land markets across the life course for rural households in a major proto-industrial region during the seventeenth and eighteenth centuries. These fluctuations are interpreted on the basis that a major objective of households is to equalize their income across different stages of their development. The permanent income hypothesis is then extended to take into account land purchases and debt-contracting that result from the need to adjust land and capital to fluctuations in the size of the family labour force across the family cycle and from endeavours to improve the family's welfare by increasing the labour to land ratio. The empirical material presented shows marked fluctuations of income from proto-industrial work across the life course and suggests the existence of permanent income-cum-accumulation strategies to cope with these fluctuations.

A Permanent Income Hypothesis for the Yugoslav Firm

Economica ◽  
1977 ◽  
Vol 44 (176) ◽  
pp. 393 ◽  
Author(s):  
Laura D'Andrea Tyson
Keyword(s):  
Permanent Income ◽  
Permanent Income Hypothesis
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