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Gomes, O. (2009). Constraints on credit, consumer behaviour and the dynamics of wealth. Economic Annals. 54 (182), 119-131
Export Reference (IEEE)
O. M. Gomes,  "Constraints on credit, consumer behaviour and the dynamics of wealth", in Economic Ann., vol. 54, no. 182, pp. 119-131, 2009
Export BibTeX
@article{gomes2009_1715933357660,
	author = "Gomes, O.",
	title = "Constraints on credit, consumer behaviour and the dynamics of wealth",
	journal = "Economic Annals",
	year = "2009",
	volume = "54",
	number = "182",
	doi = "10.2298/EKA0982119G",
	pages = "119-131",
	url = "http://www.doiserbia.nb.rs/img/doi/0013-3264/2009/0013-32640982119G.pdf"
}
Export RIS
TY  - JOUR
TI  - Constraints on credit, consumer behaviour and the dynamics of wealth
T2  - Economic Annals
VL  - 54
IS  - 182
AU  - Gomes, O.
PY  - 2009
SP  - 119-131
SN  - 0013-3264
DO  - 10.2298/EKA0982119G
UR  - http://www.doiserbia.nb.rs/img/doi/0013-3264/2009/0013-32640982119G.pdf
AB  - This note develops a simple macro model where the pattern of wealth accumulation is determined by a credit multiplier and by the way households react to short run fluctuations. In this setup, long term wealth dynamics are eventually characterized by the presence of endogenous cycles.
ER  -