Similar Search Results

Three essays in consumer optimization with durables and capital market imperfections

Chah, Eun-young - 1990

Persistent link: https://www.econbiz.de/10000863263

Liquidity constraints and intertemporal consumer optimization : theory and evidence from durable goods

Chah, Eun-young; Ramey, Valerie A.; Starr, Ross M. - 1991

Persistent link: https://www.econbiz.de/10000826374

Liquidity constraints and intertemporal consumer optimization : theory and evidence from durable goods

Chah, Eun-young - In: Journal of money, credit and banking : JMCB 27 (1995) 1, pp. 272-287

Persistent link: https://www.econbiz.de/10001189766

Consumption behavior and liquidity constraints

Chah, Eun-young - In: The Korean economic review 11 (1995) 1, pp. 35-47

Persistent link: https://www.econbiz.de/10009934301

Liquidity Constraints and Intertemporal Consumer Optimization : Theory and Evidence from Durable Goods

Chah, Eun Young; Ramey, Valerie A.; Starr, Ross M. - 2021

This paper develops and tests a new set of stochastic implications of optimal consumption behavior in the presence of borrowing constraints. In a departure from previous models, the theory shows that liquidity constraints imply a distinctive intertemporal relationship between durable and...

Persistent link: https://www.econbiz.de/10013243432

Liquidity Constraints and Intertemporal Consumer Optimization : Theory and Evidence From Durable Goods

Chah, Eun Young - 1991

Persistent link: https://www.econbiz.de/10012475080

Liquidity Constraints and Intertemporal Consumer Optimization: Theory and Evidence from Durable Goods

Chah, Eun Young; Ramey, Valerie A.; Starr, Ross M. - In: Journal of money, credit and banking : JMCB 27 (1995) 1, pp. 272-287

Persistent link: https://www.econbiz.de/10006681625

Liquidity Constraints and Intertemporal Consumer Optimization: Theory and Evidence From Durable Goods

Ramey, Valerie Ann; Chah, Eun Young; Starr, Ross M. - National Bureau of Economic Research (NBER) - 1991

Persistent link: https://www.econbiz.de/10005714934

Liquidity Constraints and Intertemporal Consumer Optimization: Theory and Evidence from Durable Goods.

Chah, Eun Young; Ramey, Valerie A; Starr, Ross M - In: Journal of Money, Credit and Banking 27 (1995) 1, pp. 272-87

This paper develops and tests the implications of optimal consumption behavior with borrowing constraints. The theory shows that liquidity constraints imply a distinctive intertemporal relationship between durable and nondurable goods consumption. Binding liquidity constraints appear as part of...

Persistent link: https://www.econbiz.de/10005814147