๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

On the theory of interest rates, consumer durables, and the demand for housing

โœ Scribed by James B. Kau; Donald Keenan


Book ID
116088897
Publisher
Elsevier Science
Year
1981
Tongue
English
Weight
919 KB
Volume
10
Category
Article
ISSN
0094-1190

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Consumer Durables and the Real Interest
โœ N. Gregory Mankiw ๐Ÿ“‚ Article ๐Ÿ“… 1985 ๐Ÿ› MIT Press ๐ŸŒ English โš– 336 KB

One channel through which real interest rates affect aggregate demand is consumer expenditure on durable goods. This paper examines empirically the link between interest rates and consumer durables. Solving for the decision rule relating income and interest rates to consumer demand is in general an