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...
Συγγραφή απο Οργανισμό/Αρχή: | |
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Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1989.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 1989/088 |
Διαθέσιμο Online: | Full text available on IMF |