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Federal Reserve Bank of St. Louis
Bridges
Cash on Hand Is Critical for Avoiding Hardship
Emily Gallagher
Jorge Sabat
Abstract

Should more families be encouraged to hold a liquidity buffer even if it means incurring more debt in the short term?


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Emily Gallagher & Jorge Sabat, "Cash on Hand Is Critical for Avoiding Hardship" , Federal Reserve Bank of St. Louis, Bridges, issue Winter, 2017.
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