An age-structured model for the effect of interest rate changes on consumption
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More about this item
Keywords
Interest rate change; consumption; aggregate consumption; debt load;All these keywords.
JEL classification:
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
- G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ISF-2021-09-06 (Islamic Finance)
- NEP-MAC-2021-09-06 (Macroeconomics)
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