Bankruptcy in the life-cycle consumption model

K. J. Kowalewski

No 8815, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: An analysis assessing the sensitivity of consumption to income using a life-cycle model of consumption that incorporates the possibility of bankruptcy.

Keywords: Bankruptcy; Consumer credit; Consumption (Economics) (search for similar items in EconPapers)
Date: 1988
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