Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?
Marjorie A. Flavin
Abstract
Marjorie A. Flavin
Abstract
Marjorie Flavin, Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?, The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 18, No. 1, Econometrics Special (Feb., 1985), pp. 117-136
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Marjorie Flavin, Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?, The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 18, No. 1, Econometrics Special (Feb., 1985), pp. 117-136
Key concepts: Economics, Market liquidity, Sensitivity (control systems), Consumption (sociology), Permanent income hypothesis, Monetary economics, Social science, Sociology