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Liquidity considerations in the theory of consumption

Pissarides, Christopher ORCID: 0000-0002-0695-058X (1978) Liquidity considerations in the theory of consumption. Quarterly Journal of Economics, 92 (2). pp. 279-296. ISSN 0033-5533

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Identification Number: 10.2307/1884163


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.

Item Type: Article
Official URL:
Additional Information: © 1978 The President and Fellows of Harvard College and the Massachusetts Institute of Technology
Divisions: Economics
Centre for Economic Performance
Subjects: H Social Sciences > HB Economic Theory
JEL classification: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Employment, and Investment > E21 - Macroeconomics: Consumption; Saving; Aggregate Physical and Financial Consumer Wealth
Date Deposited: 27 Apr 2007
Last Modified: 01 Jan 2024 20:24

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