Author Type

Graduate Student

Date of Award

1976

Document Type

Thesis

Publication Status

Version of Record

Submission Date

October 2026

Thesis/Dissertation Advisor [Chair]

Stronge, William B.

Abstract

This thesis reviews the major literature associated with the Life Cycle Hypothesis of Consumption and Saving as formulated by Franco Modigliani, Richard Brumberg and Albert Ando. The initial microeconomic formulation of the theoretical model of individual consumer behavior in terms of life time planning was examined under conditions of both stability and growth. Next, the attempts to seek empirical support for the propositions of the theory in cross-section survey data and the tests of the aggregate implications of the theory were examined. It was concluded that within the current conceptual framework of macroeconomics the theory has a fairly high level of explanatory force, and should further future inquiry.

Extent

111 p.

Comments

College of Business|Thesis (M.A.)--Florida Atlantic University, 1976.|FAU Electronic Theses and Dissertations Collection|College of Business

Identifier

FADT13814

Format

pdf

Download

Share

COinS