Consumer Durables and the Real Interest Rate
收藏NBER1983-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1148
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One important channel through which real interest rates affect aggregate demand is consumer expenditure on durable goods. This paper examines empirically the link between interest rates and consumer durables. Solving for the decision rule relating income and interest rates to consumer demand is an
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美国国家经济研究局创建时间：
1983-06-01
