Adaptive Consumption Behavior
收藏NBER2009-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15427
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资源简介：
This paper proposes and studies a theory of adaptive consumption behavior under income uncertainty and liquidity constraints. We assume that consumption is governed by a linear function of wealth, whose coefficients are revised each period by a procedure, which, although sophisticated, places few
提供机构：
美国国家经济研究局
创建时间：
2009-10-01
