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Quantifying Borrowing Constraints and
Precautionary
Savings
Nirei, Makoto
- In:
Review of Economic Dynamics
9
(
2006
)
2
,
pp. 353-363
This paper quantifies the effects of
precautionary
savings
. It demonstrates that Zeldes' estimate (1989) of excess …
Persistent link: https://www.econbiz.de/10005069622
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