Synopsis
Excerpt from Consumption and Liquidity Constraints
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Consumption and Liquidity Constraints (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
Évaluation du vendeur 4 sur 5 étoiles
Paperback. Etat : New. Print on Demand. This book explores the relationship between income variability and consumption habits. The author argues that individuals who face a possibility of having limited access to funds in the future, or who are liquidity constrained, will adjust their spending patterns in response to changes in the variability of their income. Specifically, the book demonstrates that as the timing of income becomes less predictable, individuals tend to save more and borrow less. While this behavior may seem counterintuitive, it is explained by the fact that individuals are attempting to reduce their exposure to financial risk and ensure their future financial stability. The book's insights add to the understanding of consumer behavior, particularly among those facing financial constraints. By highlighting the impact of income variability on consumption decisions, this book provides a deeper perspective on personal finance and the broader implications for economic policy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332256211_0
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Consumption and Liquidity Constraints Classic Reprint
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332256211
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EUR 21,96
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Expédition nationale : Etats-Unis
Expédition nationale : Etats-Unis
Quantité disponible : 15 disponible(s)
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Consumption and Liquidity Constraints Classic Reprint
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332256211
Acheter neuf
EUR 24,18
Expédition à EUR 3,81
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : 15 disponible(s)