Construct · 1 fields · 1 citations

consumption commitments: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Household finance

spending on goods like housing that is costly to adjust, which amplifies aversion to moderate risks.

In household finance, consumption commitments refers to spending on goods like housing that is costly to adjust, which amplifies aversion to moderate risks. This meaning comes from Chetty (2007) in The Quarterly Journal of Economics.[1]

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Nearby constructs

consumption3 fields · 5 citationsjingle · one word, three constructs household finance1 fields · 1 citationsanchor · a standalone construct

References

Chetty, R., & Szeidl, A. (2007). Consumption Commitments and Risk Preferences. The Quarterly Journal of Economics, 122(2), 831-877. https://doi.org/10.1162/qjec.122.2.831

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