LIFE-CYCLE HYPOTHESIS AMD THE INFLUENCE OF FISHER’S INTERTEMPORAL APPROACH

masyhudi muqorobin

Abstract


Kehidupan manusia adalah terbatas, seperti halnya dalam menghasilkan pendapatan, manusia dibatasi oleh waktu (usia). Manusia mulai menghasilkan uang pada umur kira-kira usia 15 tahun atau lebih usia 50-an atau 60-an tahun. Itulah salah satu alasan terpenting mengapa sesorang individu atau masyarakt secara umum memiliki perilaku konsumsi yang berbeda sepanjang waktu. Tulisan ini akan mengkaji life-cycle hypothesis (LCH) dengan merunutnya dari awal, dan bagaimana hipotesis ini dipengaruhi oleh teori Fisher tentang consumption function.


Keywords


perilaku konsumsi; LCH; intertemporal consumption function

Full Text:

PDF

References


Banks, James and Sarah Tanser, “Savings and Wealth in the UK: Evidence from Micro-Data”, Fiscal Studies Vol, 17, No. 2, pp. 37-64

Branson, William H. (1989). Microeconomic Theory Policy (3rd ed.), Harper & Row Publisher, Singapore.

Chan, VeiLin and Sheng-Cheng Hu. (1970), “Financial Liberation and Aggregate Consumtion: the Evidence from Taiwan,” Applied Economics Vol. 29, pp. 1525-1535.

Fisher, Irving, (1930), The Theory of Interest as Determined by Impatience to Spend Income and Opportunity to Invest It, Macmillan, New York (reprinted by Augustus M. Kelly Publisher, New York, 1970)

Modgilani, Franco and Richard Hemming (editors). (1983). The Determinants of Saving and Wealth, The Macmillan Press, Ltd., London.

_______, Franco. (1986). “Life-cycle, Individual Thrift, and the Wealth of Nations.” American Economic Review Vol. 76, No. 3, June, pp.297-313.

Niehens, Jurg. (1990), “Irving Fisher”, a chapter inside A History of Economic Theory: Classic Contribution, 1720-1980, John Hopkins University Press, Baltimore, pp. 267-279.

Scarth, William M. (1988). Macroeconomics: an Introduction to Advanced Method, Harcourt Brace Jovanovich, Toronto.

Thomas, R. Leighton. (1984). “The Consumption Function”, a chapter in David Demery et al., Macroeconomics, Longman, London, pp. 53-99.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2016 JESP: Jurnal Ekonomi & Studi Pembangunan



 

Office:
Redaksi JESP UMY, Gedung E2 Lantai 2, Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Yogyakarta
Jalan Brawijaya, Tamantirto, Kasihan, Bantul, Daerah Istimewa Yogyakarta 55183
Telp: (0274) 387656 ext.184
Fax: (0274) 387646
Email: jesp@umy.ac.id


Jurnal Ekonomi & Studi Pembangunan (JESP) is licensed under Creative Commons Attribution-ShareAlike 4.0 International.