Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?

Marjorie A. Flavin

166 citations0/0 files storedCanadian Journal of Economics/Revue canadienne d économique

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Marjorie Flavin, Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?, The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 18, No. 1, Econometrics Special (Feb., 1985), pp. 117-136

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2001The demand for household debt in the USA: evidence from the 1995 Survey of Consumer Finance 1985Tests for Liquidity Constraints: A Critical Survey 1990Chapter 13 The term structure of interest rates 1987The Insensitivity of Consumption to News About Income 1987The Term Structure of Interest Rates 1986Capital Market "Imperfections" and the Consumption Function 1999Consumption Adjustment under Time-Varying Income Uncertainty 1985Social Security and Individual Welfare: Precautionary Saving, LiquidityConstraints, and the Payroll Tax

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