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Consumption Excess Sensitivity, Liquidity Constraints and the Collateral Role of Housing
16 references·4 citing·35 second hop
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this work references cited by second hop

References

  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1991Loss Aversion in Riskless Choice: A Reference-Dependent Model6,428 cited
  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 2005House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle2,485 cited
  • 1989Consumption and Liquidity Constraints: An Empirical Investigation1,933 cited
  • 1989Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence1,820 cited
  • 1981The Adjustment of Consumption to Changing Expectations About Future Income1,326 cited
  • 1990Who is Credit Constrained in the U. S. Economy?816 cited
  • 1982The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households733 cited
  • 1980The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households650 cited
  • 2001A Theory of the Consumption Function, With and Without Liquidity Constraints580 cited
  • 1993Consumption Growth, the Interest Rate and Aggregation527 cited
  • 2004Home Is Where the Equity Is: Mortgage Refinancing and Household Consumption490 cited
  • 1999Uncertain Medical Expenses and Precautionary Saving Near the End of the Life Cycle486 cited

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  • 2004House prices, consumption, and monetary policy: a financial accelerator approach456 cited
  • 1993Consumer demand and the life-cycle allocation of household expenditures455 cited
  • Cited by

    • 2012Estimation of the Determinants of Credit Demand by Farmers and Supply by Rural Banks in Ghana’s Upper East Region87 cited
    • 2007The role of household debt and balance sheets in the monetary transmission mechanism27 cited
    • 2009EXCESS SENSITIVITY, LIQUIDITY CONSTRAINTS, AND THE COLLATERAL ROLE OF HOUSING23 cited
    • 2012Central banks and house prices in the run-up to the crisis15 cited