Title of article
Consumption and the credit market
Author/Authors
McKiernan، نويسنده , , Barbara ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1996
Pages
6
From page
83
To page
88
Abstract
This paper uses a Kalman filter model to allow the fraction of current-income consumers to vary over time, and shows that these consumers are liquidity-constrained by relating this percentage to measures of credit market tightness.
Keywords
Consumption , Liquidity constraints , Credit crunches
Journal title
Economics Letters
Serial Year
1996
Journal title
Economics Letters
Record number
434098
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