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Intertemporal substitution in consumption: Evidence for some high and middle-income countries.

By: Pedersen, Karsten N.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1991Subject(s): Consumption | Income distribution -- Consumption -- Developing countries/. -- Income distribution -- Consumption -- Developing countries/. -- Income distribution -- Consumption -- Developing countriesSummary: This paper attempts to find support for the life-cycle model of consumption under the assumption that some consumers are excluded from the credit market.
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This paper attempts to find support for the life-cycle model of consumption under the assumption that some consumers are excluded from the credit market.

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