Bankruptcy in the Life-Cycle Consumption Model

Kowalewski, Kim J.

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Working Paper

Bankruptcy in the Life-Cycle Consumption Model

Kim J. Kowalewski

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An analysis assessing the sensitivity of consumption to income using a life-cycle model of consumption that incorporates the possibility of bankruptcy.

12.01.1988WP 88-15

Suggested Citation

Kowalewski, Kim J. 1988. “Bankruptcy in the Life-Cycle Consumption Model.” Federal Reserve Bank of Cleveland, Working Paper No. 88-15.

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