Intertemporal Substitution in Consumption
收藏NBER1981-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0720
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资源简介：
Does a higher real interest rate induce significant postponement of consumption? According to the theory developed here, this question can be answered by studying the relation between the rate of growth of consumption and expected real interest rates. In postwar data for the United States, expected
提供机构：
美国国家经济研究局
创建时间：
1981-07-01
