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The combination of credit constraints and indivisible consumption goods may induce some risk-averse individuals to …
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The combination of credit constraints and indivisible consumption goods may induce some riskaverse individuals to play … convexify their budget set. -- Gambling ; Lotteries ; Consumption ; Durables …
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The combination of credit constraints and indivisible consumption goods may induce some risk-averse individuals to …
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This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …
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The combination of credit constraints and indivisible consumption goods may induce some riskaverse individuals to play …
Persistent link: https://www.econbiz.de/10010275746
is not consumption. We propose a borrow-to-invest motive by which house price gains affect household spending on …, rather than through consumption smoothing. We test this motive by comparing responses in different categories of spending …
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