The Effects of Financial Deregulationon Consumption.

This paper examines whether financial deregulation in the 1980s has reduced the importance of liquidity constraints in consumption patterns. Data for six industrialized countries are used to estimate a simple model incorporating liquidity constraints and forward looking behavior. It is concluded tha...

Descripción completa

Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1989.
Colección:IMF Working Papers; Working Paper ; No. 1989/088
Acceso en línea:Full text available on IMF
LEADER 01507cas a2200241 a 4500
001 AALejournalIMF009991
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451952605 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund. 
245 1 4 |a The Effects of Financial Deregulationon Consumption. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1989. 
300 |a 1 online resource (38 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines whether financial deregulation in the 1980s has reduced the importance of liquidity constraints in consumption patterns. Data for six industrialized countries are used to estimate a simple model incorporating liquidity constraints and forward looking behavior. It is concluded that the importance of liquidity constraints fell between the 1970s and the 1980s. This implies that forward looking models of consumer behavior fit the data better in the recent period. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1989/088 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1989/088/001.1989.issue-088-en.xml  |z IMF e-Library