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Page 1: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 2: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 3: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 4: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 5: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 6: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 7: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 8: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 9: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 10: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 11: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 12: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 13: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 14: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 15: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 16: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 17: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 18: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 19: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 20: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 21: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 22: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 23: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 24: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 25: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 26: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 27: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 28: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 29: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 30: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 31: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 32: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 33: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 34: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 35: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 36: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 37: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 38: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 39: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 40: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 41: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 42: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 43: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 44: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 45: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 46: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 47: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 48: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls
Page 49: mpc18 - Yale Universityshiller/behfin/2006-04/baker-nagel.pdf · e literature documentmg that consumers have a relatively high Drooensitv to consume moderatelv-sized cash windfalls

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