The marginal propensity to save and the marginal propensity to consume are both measurements relative to the amount of expendable income in the budget of individuals and businesses alike. The ...

This study deals with statistical principles and methods of deriving estimates of the marginal propensity to consume, from time series of total consumption, income, and investment. It is shown that ...

This study has demonstrated the use of a type 2 tobit model to impute the incomes for nonresponding households. The imputed incomes generated from the type 2 tobit model for nonresponding households ...