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Liquidity considerations in the theory of consumption

By Christopher Pissarides


I. Introduction, 279.—II. The model and optimality conditions, 281.—III. The optimal consumption plan, 284.—IV. Implications of the portfolio liquidity structure, 288.—V. Conclusions, 293

Topics: HB Economic Theory
Publisher: Oxford University Press
Year: 1978
DOI identifier: 10.2307/1884163
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Provided by: LSE Research Online
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