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Commitment,Risk,and Consumption:Do Birds of a Feather Have Bigger Nests?
Commitment Risk Consumption Feather Nests
2016/3/18
We show that incorporating consumption commitments into a standard model of precautionarysaving can complicate the usual relationship between risk and consumption. Inparticular, the presence of plausi...
Does fertility decrease household consumption?:An analysis of poverty dynamics and fertility in Indonesia
consumption equivalence scale fertility Indonesia poverty dynamics
2009/6/8
This paper presents an empirical analysis of the relationship between fertility and a direct measure of poverty for Indonesia, a country, which has experienced unprecedented economic growth and sharp ...