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
Identification Number: 10.2307/1884163
Abstract
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: | http://qje.oxfordjournals.org/ |
| 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: | 11 Sep 2025 05:44 |
| URI: | http://eprints.lse.ac.uk/id/eprint/1196 |
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