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1
Aggregate consumption and debt accumulation : an empirical examination of US household behaviour
Kim, Yun K.
;
Setterfield, Mark
;
Mei, Yuan
- In:
Cambridge journal of economics
39
(
2015
)
1
,
pp. 93-112
Persistent link: https://www.econbiz.de/10011311241
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2
A theory of aggregate consumption
Kim, Yun K.
;
Setterfield, Mark
;
Mei, Yuan
- In:
European journal of economics and economic policies : …
11
(
2014
)
1
,
pp. 31-49
Persistent link: https://www.econbiz.de/10010511593
Saved in:
3
Aggregate Consumption and Debt Accumulation : An Empirical Examination of US Household Behavior
Kim, Yun
-
2012
The outbreak of the financial crisis in 2008 witnessed a marked contraction in US consumption spending that had hitherto been boosted by historically high levels of household debt-financing. These events question the validity of conventional models of consumption based on the life-cycle...
Persistent link: https://www.econbiz.de/10013104453
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