Money in the Utility Function: An Empirical Implementation
收藏NBER1986-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1796
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资源简介：
This paper studies household asset demands by allowing certain assets to contribute directly to utility. It estimates the parameters of an aggregate utility function which includes both consumption and liquidity services.These liquidity services depend on the level of various asset stocks. We apply
提供机构：
美国国家经济研究局
创建时间：
1986-01-01
