The Effect of Liquidity Constraints on Consumption: A Cross-Sectional Analysis
收藏NBER1982-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0882
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资源简介：
This paper examines the effect of liquidity constraints on consumption expenditures using a single-time cross-section data set. A reduced-form equation for consumption is estimated on high-saving households by the Tobit procedure to account for the selectivity bias. Since high-saving households are
提供机构：
美国国家经济研究局
创建时间：
1982-04-01
