Liquidity constraints and precautionary saving
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Recommendations
- Precautionary Saving under Liquidity Constraints: A Decomposition
- Precautionary saving and aggregate demand
- LIQUIDITY CONSTRAINTS IN A MONETARY ECONOMY*
- Savings, asset scarcity, and monetary policy
- Precautionary saving in the presence of labor income and interest rate risks
- On the conditions for precautionary saving
- Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk
- Precautionary saving under many risks
Cites work
- An analytical solution to the inverse consumption function with liquidity constraints
- An optimal control solution to the liquidity constraint problem
- Consumption with liquidity constraints: an analytical characterization
- On the Concavity of the Consumption Function
- Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk
- Risk Aversion in the Small and in the Large
Cited in
(8)- Even imprudent risk lovers may engage in precautionary saving
- On the existence and uniqueness of stationary equilibrium in Bewley economies with production
- Liquidity hoarding
- LIQUIDITY CONSTRAINTS IN A MONETARY ECONOMY*
- Higher-order income risk over the business cycle
- Savings and default
- HOUSEHOLD SAVING, FINANCIAL CONSTRAINTS, AND THE CURRENT ACCOUNT IN CHINA
- Precautionary Saving under Liquidity Constraints: A Decomposition
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