Follow the Money: Methods for Identifying Consumption and Investment Responses to a Liquidity Shock
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https://www.nber.org/papers/w19696
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资源简介:
Identifying the impacts of liquidity shocks on spending decisions is difficult methodologically but important for theory, practice, and policy. Using seven different methods on microenterprise loan applicants, we find striking results. Borrowers report uses of loan proceeds strategically, and more
提供机构:
美国国家经济研究局
创建时间:
2013-12-01



