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Category > Management Posted 17 Jan 2018 My Price 9.00

serial correlation in consumption growth

Habit formation and serial correlation in consumption growth. Suppose that the utility of the representative consumer, individual i, is given by  where Zit is the “reference” level of consumption. Assume the interest rate is constant at some level, r, and that there is no uncertainty.

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Status NEW Posted 17 Jan 2018 04:01 PM My Price 9.00

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