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Liquidity Constraints and Precautionary Saving

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NBER2001-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8496
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资源简介:
Economists working with numerical solutions to the optimal consumption/saving problem under uncertainty have long known that there are quantitatively important interactions between liquidity constraints and precautionary saving behavior. This paper provides the analytical basis for those
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2001-10-01
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