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Transaction costs and consumption

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Publication:1042352
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DOI10.1016/J.JEDC.2008.12.003zbMath1176.91077OpenAlexW1999309331MaRDI QIDQ1042352

Geng Li

Publication date: 7 December 2009

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://www.federalreserve.gov/pubs/feds/2007/200738/200738pap.pdf


zbMATH Keywords

transaction costsmarginal propensity to consumeexcess sensitivity


Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)





Cites Work

  • Modeling internal commitment mechanisms and self-control: a neuroeconomics approach to consumption --- saving decisions
  • Consumption, Liquidity Constraints and Asset Accumulation in the Presence of Random Income Fluctuations
  • Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
  • On the Concavity of the Consumption Function




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