Consumption and Children.
Consumption by couples rises sharply in the beginning and falls later in life; the causes of the early rise are hotly contested. Among the suggestions are rule of thumb behavior, demographics, liquidity constraints, the precautionary motive, and nonseparabilities between consumption and labor supply...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
MIT Press
2009
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