Concepedia

Liquidity Constraints, Fiscal Policy, and Consumption

R. Glenn Hubbard, Kenneth L. Judd, Robert E. Hall, Lawrence H. Summers

Brookings Papers on Economic Activity · 1986 · 334 citations · 5 references

DOIFull text

Open access

Concepts

Abstract

macroeconomics, liquidity constraints, fiscal policy, and consumption

References

5

Are Government Bonds Net Wealth?

Robert J. Barro · Journal of Political Economy · 1974 · 5.9K citations · Full text

, , +12

An Economic Theory of Self-Control

Richard H. Thaler, Hersh Shefrin · Journal of Political Economy · 1981 · 2.2K citations

, , +17

THE LIFE CYCLE HYPOTHESIS OF SAVING: AGGREGATE IMPLICATIONS AND TESTS

Albert Ando, Franco Modigliani · 1963 · 2K citations

, , +14

The Time Series Consumption Function Revisited

Alan S. Blinder, Angus Deaton, Robert E. Hall et al. · Brookings Papers on Economic Activity · 1985 · 393 citations · Full text

, , +11

Is a Tax Rebate an Effective Tool for Stabilization Policy?

Franco Modigliani, Charles Steindel, Saul H. Hymans et al. · Brookings Papers on Economic Activity · 1977 · 73 citations · Full text

, , +17