Measuring the Valuation of Liquidity with Penalized Withdrawals
收藏NBER2022-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30007
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资源简介：
We introduce penalized withdrawals from retirement savings accounts as a new revealed-preference tool to measure households' valuation of liquidity. This approach addresses key empirical challenges by providing a proxy for marginal utility without requiring assumptions on preferences or data on
提供机构：
美国国家经济研究局
创建时间：
2022-05-01
