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Exploration into the Determinants of Household Consumption: Liquidity Constraint and Family Characteristics

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Abstract

Our paper aims to estimate a household consumption function in the presence of liquidity constraints as well as household characteristics. Empirical findings from a Korean cross-sectional data (National Survey of Household Income and Expenditure) reveal t

Issue Date
2005-06-30
Publisher
한국개발연구원
Korea Development Institute
Language
ko
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