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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Údar corparáideach: International Monetary Fund
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1989.
Sraith:IMF Working Papers; Working Paper ; No. 1989/088
Rochtain ar líne:Full text available on IMF