Liquidity constraints with endogenous income.
This article examines liquidity constraints within the household's intertemporal model with nonseparable consumption and leisure. The model includes wage income in the minimum wealth constraint. We derive an estimable equation for employed households that holds whether or not the family is credit co...
| Publicado en: | Economic Inquiry Vol. 37; no. 4; pp. 692 - 706 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
October 1999
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |