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Life-cycle behaviour of US households: A nonlinear GMM estimation on pseudopanel data

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  • Beine, Michel
  • Bismans, Francis
  • Docquier, Frederic
  • Laurent, Sebastien

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  • Beine, Michel & Bismans, Francis & Docquier, Frederic & Laurent, Sebastien, 2001. "Life-cycle behaviour of US households: A nonlinear GMM estimation on pseudopanel data," Journal of Policy Modeling, Elsevier, vol. 23(7), pages 713-729, October.
    • Handle: RePEc:eee:jpolmo:v:23:y:2001:i:7:p:713-729
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    1. Thierry Chauveau & Rahim Loufir, 1995. "L'avenir des régimes publics de retraite dans les pays du G7," Revue de l'OFCE, Programme National Persée, vol. 52(1), pages 49-103.
    2. Hansen, Lars Peter & Singleton, Kenneth J, 1983. "Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 249-265, April.
    3. Miles, David, 1999. "Modelling the Impact of Demographic Change upon the Economy," Economic Journal, Royal Economic Society, vol. 109(452), pages 1-36, January.
    4. Verbeek, Marno & Nijman, Theo, 1992. "Can Cohort Data Be Treated as Genuine Panel Data?," Empirical Economics, Springer, vol. 17(1), pages 9-23.
    5. Chamberlain, Gary, 1984. "Panel data," Handbook of Econometrics, in: Z. Griliches† & M. D. Intriligator (ed.), Handbook of Econometrics, edition 1, volume 2, chapter 22, pages 1247-1318, Elsevier.
    6. John Muellbauer, 1988. "Habits, Rationality and Myopia in the Life Cycle Consumption Function," Annals of Economics and Statistics, GENES, issue 9, pages 47-70.
    7. Deaton, Angus, 1985. "Panel data from time series of cross-sections," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 109-126.
    8. Ferson, Wayne E. & Constantinides, George M., 1991. "Habit persistence and durability in aggregate consumption: Empirical tests," Journal of Financial Economics, Elsevier, vol. 29(2), pages 199-240, October.
    9. Broer, D.P. & Westerhout, E.W.M.T. & Bovenberg, A.L., 1994. "Taxation, pension and saving in a small open economy," Other publications TiSEM 667e0603-e83e-4340-aad4-5, Tilburg University, School of Economics and Management.
    10. de la Croix, David, 1996. "The dynamics of bequeathed tastes," Economics Letters, Elsevier, vol. 53(1), pages 89-96, October.
    11. N. Gregory Mankiw & Julio J. Rotemberg & Lawrence H. Summers, 1985. "Intertemporal Substitution in Macroeconomics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(1), pages 225-251.
    12. Joseph G. Altonji & John C. Ham, 1990. "Intertemporal Substitution, Exogeneity, and Surprises: Estimating Life Cycle Models for Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 23(1), pages 1-43, February.
    13. SPINNEWYN, Frans, 1979. "The cost of consumption and wealth in models with habit formation," LIDAM Reprints CORE 366, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    14. repec:adr:anecst:y:1988:i:9:p:03 is not listed on IDEAS
    15. repec:bla:scandj:v:96:y:1994:i:3:p:403-24 is not listed on IDEAS
    16. Spinnewyn, Frans, 1981. "Rational habit formation," European Economic Review, Elsevier, vol. 15(1), pages 91-109.
    17. Spinnewyn, Frans, 1979. "The cost of consumption and wealth in models with habit formation," Economics Letters, Elsevier, vol. 2(2), pages 145-148.
    18. Jérôme Adda, 1995. "Allocation intertemporelle de la consommation, développements récents," Économie et Prévision, Programme National Persée, vol. 121(5), pages 1-18.
    19. Duncan, G.J. & Gardes, F. & Gaubert, P. & Starzec, C., 1998. "A Comparison of Consumption Models Estimated on American and Polish Panel and Pseudo-Panel Data," Papiers du Laboratoire de Microéconomie Appliquée 1998-09, Université Panthéon-Sorbonne (Paris 1).
    20. Verbeek, M.J.C.M. & Nijman, T.E., 1992. "Can cohort data be treated as genuine panel data?," Other publications TiSEM d4eada8f-b91c-4fe7-a58c-7, Tilburg University, School of Economics and Management.
    21. SPINNEWYN, Frans, 1981. "Rational habit formation," LIDAM Reprints CORE 436, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    22. Nilton Cardoso & François Gardes, 1996. "Estimations de lois de consommation sur un pseudo-panel d'enquêtes de l'Insee ( 1979,1984,1989)," Économie et Prévision, Programme National Persée, vol. 126(5), pages 111-125.
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    1. Christopoulos, Dimitris K. & Gente, Karine & León-Ledesma, Miguel A., 2012. "Net foreign assets, productivity and real exchange rates in constrained economies," European Economic Review, Elsevier, vol. 56(3), pages 295-316.

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