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An analytical solution to the inverse consumption function with liquidity constraints

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  • Park, Myung-Ho

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  • Park, Myung-Ho, 2006. "An analytical solution to the inverse consumption function with liquidity constraints," Economics Letters, Elsevier, vol. 92(3), pages 389-394, September.
  • Handle: RePEc:eee:ecolet:v:92:y:2006:i:3:p:389-394
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    References listed on IDEAS

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    1. Mariger, Randall P, 1987. "A Life-cycle Consumption Model with Liquidity Contraints: Theory and Empirical Results," Econometrica, Econometric Society, vol. 55(3), pages 533-557, May.
    2. Carroll, Christopher D. & Holm, Martin B. & Kimball, Miles S., 2021. "Liquidity constraints and precautionary saving," Journal of Economic Theory, Elsevier, vol. 195(C).
    3. Deaton, Angus, 1991. "Saving and Liquidity Constraints," Econometrica, Econometric Society, vol. 59(5), pages 1221-1248, September.
    4. Seater, John J., 1997. "An optimal control solution to the liquidity constraint problem," Economics Letters, Elsevier, vol. 54(2), pages 127-134, February.
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    Cited by:

    1. Christopher D. Carroll, 2004. "Theoretical Foundations of Buffer Stock Saving," Economics Working Paper Archive 517, The Johns Hopkins University,Department of Economics.
    2. Travaglini Giuseppe, 2008. "An exact consumption rule with liquidity constraints and stochastic income," Economics Bulletin, AccessEcon, vol. 5(6), pages 1-9.
    3. Huang, Huaxiong & Milevsky, Moshe A. & Salisbury, Thomas S., 2012. "Optimal retirement consumption with a stochastic force of mortality," Insurance: Mathematics and Economics, Elsevier, vol. 51(2), pages 282-291.
    4. Carroll, Christopher D. & Holm, Martin B. & Kimball, Miles S., 2021. "Liquidity constraints and precautionary saving," Journal of Economic Theory, Elsevier, vol. 195(C).
    5. repec:ebl:ecbull:v:5:y:2008:i:6:p:1-9 is not listed on IDEAS
    6. Holm, Martin Blomhoff, 2018. "Consumption with liquidity constraints: An analytical characterization," Economics Letters, Elsevier, vol. 167(C), pages 40-42.
    7. Tomi T. Kortela, 2011. "On the costs of disability insurance," 2011 Meeting Papers 445, Society for Economic Dynamics.

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