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The Review of Economics and Statistics Vol. 29 No. 3 1947

Farm Family Budgets--A Moving Picture

Willard W. Cochrane

Abstract

T HE question is often asked, how does the composition of the family budget change over time when the independent variable, family income,2 changes? In the way of a partial answer, at least, a study of continuous farm family budgets based on secondary data was undertaken by the Bureau of Agricultural Economics for the years immediately preceding World War II. In some ways the results of this study are illuminating; in others, disappointing. But let us review the analysis before we draw too sweeping conclusions.

DOI
10.2307/1928630
Volume
29
Issue
3
Pages
189
Sources
openalex crossref

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