Econometrica: Apr, 1967, Volume 35, Issue 2

Intertemporal Utility Functions and the Long-Run Consumption Function

https://www.jstor.org/stable/1909117
p. 356-361

Earl A. Thompson

This paper asserts and demonstrates an equivalence that exists between the utility function implied by a general form of the standard aggregate consumption function and a subclass of the general class of additive utility functions used in the optimal savings literature.

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