Liquidity considerations in the theory of consumption

Pissarides, C.ORCID logo (1978). Liquidity considerations in the theory of consumption. Quarterly Journal of Economics, 92(2), 279-296. https://doi.org/10.2307/1884163
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I. Introduction, 279.—II. The model and optimality conditions, 281.—III. The optimal consumption plan, 284.—IV. Implications of the portfolio liquidity structure, 288.—V. Conclusions, 293.

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