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Permanent and transitory income effects in a model of optimal consumption with wage income uncertainty
Citations
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Cited by:
- Hahm Joon-Ho, 1999. "Consumption Growth, Income Growth and Earings Uncertainty: Simple Cross-Country Evidence," International Economic Journal, Taylor & Francis Journals, vol. 13(2), pages 39-58.
- Frederick Ploeg, 2010. "Political economy of prudent budgetary policy," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 17(3), pages 295-314, June.
- Anthony Venables & Paul Collier, 2008. "Managing Resource Revenues: lessons for low income countries," OxCarre Working Papers 012, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- S. Viswanathan & Adriano Rampini, 2013.
"Household risk management,"
2013 Meeting Papers
647, Society for Economic Dynamics.
- Adriano A. Rampini & S. Viswanathan, 2016. "Household Risk Management," NBER Working Papers 22293, National Bureau of Economic Research, Inc.
- Torfinn Harding & Frederick Ploeg, 2013.
"Official forecasts and management of oil windfalls,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 20(5), pages 827-866, October.
- Rick Van der Ploeg & Torfinn Harding, 2009. "Official Forecasts and Management of Oil Windfalls," OxCarre Working Papers 027, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Torfinn Harding & Frederick van der Ploeg, 2012. "Official forecasts and management of oil windfalls," Discussion Papers 676, Statistics Norway, Research Department.
- Bowman, David & Minehart, Deborah & Rabin, Matthew, 1999.
"Loss aversion in a consumption-savings model,"
Journal of Economic Behavior & Organization, Elsevier, vol. 38(2), pages 155-178, February.
- David Bowman & Deborah Minehart & Matthew Rabin, 1994. "Loss aversion in a consumption/savings model," International Finance Discussion Papers 492, Board of Governors of the Federal Reserve System (U.S.).
- Atreya Chakraborty & Mark Kazarosian, 1999. "Portfolio Allocation of Precautionary Assets: Panel Evidence for the United States," Boston College Working Papers in Economics 432, Boston College Department of Economics.
- Edgardo Barandiarán, 1977. "Retornos Inciertos de Exportaciones y Manejo de los Activos Internacionales," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 14(42), pages 97-116.
- Carroll, Christopher D. & Kimball, Miles S., 2006.
"Precautionary Saving and Precautionary Wealth,"
CFS Working Paper Series
2006/02, Center for Financial Studies (CFS).
- Christopher D. Carroll & Miles S. Kimball, 2006. "Precautionary Saving and Precautionary Wealth," Economics Working Paper Archive 530, The Johns Hopkins University,Department of Economics.
- Seth Pruitt & Nicholas Turner, 2018. "The Nature of Household Labor Income Risk," Finance and Economics Discussion Series 2018-034, Board of Governors of the Federal Reserve System (U.S.).
- Becker, Torbjörn, 1995. "Risky Taxes, Budget Balance Preserving Spreads and Precautionary Savings," SSE/EFI Working Paper Series in Economics and Finance 73, Stockholm School of Economics.
- Skinner, Jonathan, 1988.
"Risky income, life cycle consumption, and precautionary savings,"
Journal of Monetary Economics, Elsevier, vol. 22(2), pages 237-255, September.
- Jonathan S. Skinner, 1987. "Risky Income, Life Cycle Consumption, and Precautionary Savings," NBER Working Papers 2336, National Bureau of Economic Research, Inc.
- Alba Lugilde & Roberto Bande & Dolores Riveiro, 2018.
"Precautionary saving in Spain during the great recession: evidence from a panel of uncertainty indicators,"
Review of Economics of the Household, Springer, vol. 16(4), pages 1151-1179, December.
- Lugilde, Alba & Bande, Roberto & Riveiro, Dolores, 2016. "Precautionary saving in Spain during the Great Recession: evidence from a panel of uncertainty indicators," MPRA Paper 72436, University Library of Munich, Germany.
- Normandin, Michel, 1993.
"Épargne de précaution et revenu de travail incertain : un survol de la littérature,"
L'Actualité Economique, Société Canadienne de Science Economique, vol. 69(4), pages 347-364, décembre.
- Michel Normandin, 1992. "Épargne de précaution et revenu de travail incertain: un survol de la littérature," Cahiers de recherche CREFE / CREFE Working Papers 9, CREFE, Université du Québec à Montréal.
- Huggett, Mark & Ospina, Sandra, 2001. "Aggregate precautionary savings: when is the third derivative irrelevant?," Journal of Monetary Economics, Elsevier, vol. 48(2), pages 373-396, October.
- Hubbard, R. Glenn & Skinner, Jonathan & Zeldes, Stephen P., 1994.
"The importance of precautionary motives in explaining individual and aggregate saving,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 59-125, June.
- R. Glenn Hubbard & Jonathan Skinner & Stephen P. Zeldes, 1993. "The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving," NBER Working Papers 4516, National Bureau of Economic Research, Inc.
- S. Rao Aiyagari, 1994. "Macroeconomics with frictions," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 18(Sum), pages 24-40.
- van der Ploeg, Frederick, 2010.
"Aggressive oil extraction and precautionary saving: Coping with volatility,"
Journal of Public Economics, Elsevier, vol. 94(5-6), pages 421-433, June.
- Rick Van der Ploeg, 2009. "Aggressive Oil Extraction and Precautionary Saving: Coping with Volatility," OxCarre Working Papers 021, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Frederick Van der Ploeg, 2010. "Aggressive Oil Extraction and Precautionary Saving: Coping with Volatility," CESifo Working Paper Series 3038, CESifo.
- Calvet, Laurent E., 2001.
"Incomplete Markets and Volatility,"
Journal of Economic Theory, Elsevier, vol. 98(2), pages 295-338, June.
- Laurent E. Calvet, 1999. "Incomplete Markets and Volatility," Harvard Institute of Economic Research Working Papers 1865, Harvard - Institute of Economic Research.
- Laurent-Emmanuel Calvet, 2001. "Incomplete Markets and Volatility," Post-Print hal-00477462, HAL.
- Mark Huggett, 2004.
"Precautionary Wealth Accumulation,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(3), pages 769-781.
- Mark Huggett, 2003. "Precautionary Wealth Accumulation," Working Papers gueconwpa~03-03-09, Georgetown University, Department of Economics.
- Abdul Jalil, Ahmad Zafarullah, 2009. "The importance of precautionary saving motive among Indonesian households," MPRA Paper 25189, University Library of Munich, Germany.
- Chen, Kevin Z. & D. Meilke, Karl & Turvey, Calum, 1999.
"Income risk and farm consumption behavior,"
Agricultural Economics, Blackwell, vol. 20(2), pages 173-183, March.
- Kevin Z. Chen & Karl D. Meilke & Calum Turvey, 1999. "Income risk and farm consumption behavior," Agricultural Economics, International Association of Agricultural Economists, vol. 20(2), pages 173-183, March.
- Richard H. Clarida, 1984. "On the Stochastic Steady-State Behavior of Optimal Asset Accumulation in the Presence of Random Wage Fluctuations and Incomplete Markets," Cowles Foundation Discussion Papers 701, Cowles Foundation for Research in Economics, Yale University.
- Torfinn Harding & Frederick Van der Ploeg, 2009. "Is Norway's Bird-in-Hand Stabilization Fund Prudent Enough? Fiscal Reactions to Hydrocarbon Windfalls and Graying Populations," CESifo Working Paper Series 2830, CESifo.
- Huggett, Mark & Vidon, Edouard, 2002.
"Precautionary wealth accumulation: a positive third derivative is not enough,"
Economics Letters, Elsevier, vol. 76(3), pages 323-329, August.
- Mark Huggett and Edouard Vidon, 2003. "Precautionary Wealth Accumulation: A Positive Third Derivative is not Enough," Working Papers gueconwpa~03-03-11, Georgetown University, Department of Economics.
- Rampini, Adriano A. & Viswanathan, S., 2018. "Financing Insurance," CEPR Discussion Papers 12855, C.E.P.R. Discussion Papers.
- Sanjit Dhami & Narges Hajimoladarvish & Konstantinos Georgalos, 2023. "Precautionary Savings, Loss Aversion, and Risk: Theory and Evidence," CESifo Working Paper Series 10570, CESifo.
- Lugilde, Alba & Bande, Roberto & Riveiro, Dolores, 2017. "Precautionary Saving: a review of the theory and the evidence," MPRA Paper 77511, University Library of Munich, Germany.
- Carl E. Walsh, 1985.
"Borrowing Restrictions and Wealth Constraints: Implications for Aggregate Consumption,"
NBER Working Papers
1629, National Bureau of Economic Research, Inc.
- Carl E. Walsh, 1986. "Borrowing restrictions and wealth constraints: implications for aggregate consumption," Working Papers in Applied Economic Theory 86-06, Federal Reserve Bank of San Francisco.
- He, Rong & Li, Heqing & Lian, Zeng & Zheng, Jie, 2020. "The effect of culture on consumption: A behavioral approach," Journal of Asian Economics, Elsevier, vol. 67(C).
- George-Marios Angeletos & Laurent E. Calvet, 2001. "Incomplete Markets, Growth, and the Business Cycle," Harvard Institute of Economic Research Working Papers 1910, Harvard - Institute of Economic Research.