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Net liquid assets and net illiquid assets in the consumption function : Some evidence for the United Kingdom

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  • Patterson, K. D.

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  • Patterson, K. D., 1984. "Net liquid assets and net illiquid assets in the consumption function : Some evidence for the United Kingdom," Economics Letters, Elsevier, vol. 14(4), pages 389-395.
  • Handle: RePEc:eee:ecolet:v:14:y:1984:i:4:p:389-395
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    References listed on IDEAS

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    1. von Ungern-Sternberg, Thomas, 1981. "Inflation and Savings: International Evidence on Inflation-Induced Income Losses," Economic Journal, Royal Economic Society, vol. 91(364), pages 961-976, December.
    2. Davidson, James E H, et al, 1978. "Econometric Modelling of the Aggregate Time-Series Relationship between Consumers' Expenditure and Income in the United Kingdom," Economic Journal, Royal Economic Society, vol. 88(352), pages 661-692, December.
    3. A. S. Deaton, 1972. "Wealth Effects on Consumption in a Modified Life-Cycle Model," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 39(4), pages 443-453.
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    Cited by:

    1. Janine Aron & John Muellbauer, 2000. "Personal and Corporate Saving in South Africa," The World Bank Economic Review, World Bank, vol. 14(3), pages 509-544, September.
    2. Janine Aron & John Muellbauer, 2006. "Housing Wealth, Credit Conditions and Consumption," CSAE Working Paper Series 2006-08, Centre for the Study of African Economies, University of Oxford.
    3. Sarno, Lucio & Taylor, Mark P., 1998. "Real Interest Rates, Liquidity Constraints and Financial Deregulation: Private Consumption Behavior in the U.K," Journal of Macroeconomics, Elsevier, vol. 20(2), pages 221-242, April.
    4. Takala, Kari, 1995. "The consumption function revisited: an error-correction model for Finnish consumption," Bank of Finland Research Discussion Papers 20/1995, Bank of Finland.

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