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An income fluctuation problem
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Cited by:
- Kasper Kragh Balke & Markus Karlman & Karin Kinnerud, 2024. "Winners and Losers from Property Taxation," Working Papers 04/2024, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.
- Michael Magill & Martine Quinzii, "undated".
"Equity, Bonds, Growth And Inflation In A Quadratic Infinite Horizon Economy,"
Department of Economics
98-08, California Davis - Department of Economics.
- Martine Quinzii & Michael Magill & Julian R. Betts, 2003. "Equity, Bonds, Growth And Inflation In A Quadratic Infinite Horizon Economy," Working Papers 112, University of California, Davis, Department of Economics.
- Cunha, Flavio & Heckman, James J. & Lochner, Lance, 2006.
"Interpreting the Evidence on Life Cycle Skill Formation,"
Handbook of the Economics of Education, in: Erik Hanushek & F. Welch (ed.), Handbook of the Economics of Education, edition 1, volume 1, chapter 12, pages 697-812,
Elsevier.
- Flavio Cunha & James J. Heckman & Lance Lochner & Dimitriy V. Masterov, 2005. "Interpreting the Evidence on Life Cycle Skill Formation," NBER Working Papers 11331, National Bureau of Economic Research, Inc.
- Cunha, Flavio & Heckman, James J. & Lochner, Lance John & Masterov, Dimitriy V., 2005. "Interpreting the Evidence on Life Cycle Skill Formation," IZA Discussion Papers 1675, Institute of Labor Economics (IZA).
- Gary Chamberlain & Charles A. Wilson, 2000.
"Optimal Intertemporal Consumption Under Uncertainty,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(3), pages 365-395, July.
- Chamberlain, Gary & Wilson, Charles, 1984. "Optimal Intertemporal Consumption Under Uncertainty," Working Papers 84-15, C.V. Starr Center for Applied Economics, New York University.
- Klaus Schmidt-Hebbel & Luis Servén, 1998. "World saving: trends and theories," Estudios de Economia, University of Chile, Department of Economics, vol. 25(2 Year 19), pages 191-215, December.
- Karine Gobert & Michel Poitevin, 2006.
"Non-commitment and savings in dynamic risk-sharing contracts,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(2), pages 357-372, June.
- GOBERT, Karine & POITEVIN, Michel, 1998. "Non-Commitment and Savings in Dynamic Risk-Sharing Contracts," Cahiers de recherche 9806, Universite de Montreal, Departement de sciences economiques.
- Suen, Richard M. H., 2011.
"Concave consumption function and precautionary wealth accumulation,"
MPRA Paper
34774, University Library of Munich, Germany.
- Richard M. H. Suen, 2011. "Concave Consumption Function and Precautionary Wealth Accumulation," Working papers 2011-23, University of Connecticut, Department of Economics.
- Rodepeter, Ralf & Winter, Joachim, 1998. "Savings decisions under life-time and earnings uncertainty : empirical evidence from West German household data," Papers 98-58, Sonderforschungsbreich 504.
- Mr. Francesco Grigoli & Alexander Herman & Klaus Schmidt-Hebbel, 2014. "World Saving," IMF Working Papers 2014/204, International Monetary Fund.
- Shenghao Zhu & Alberto Bisin & Jess Benhabib, 2014.
"The Wealth Distribution in Bewley Models with Investment Risk,"
2014 Meeting Papers
617, Society for Economic Dynamics.
- Jess Benhabib & Alberto Bisin & Shenghao Zhu, 2014. "The Wealth Distribution in Bewley Models with Investment Risk," NBER Working Papers 20157, National Bureau of Economic Research, Inc.
- Takashi Kamihigashi & John Stachurski, 2017. "Some Unified Results for Classical and Monotone Markov Chain Theory," Discussion Paper Series DP2017-02, Research Institute for Economics & Business Administration, Kobe University.
- Sattinger, Michael, 2011.
"The Markov consumption problem,"
Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 409-416.
- Michael Sattinger, 2010. "The Markov Consumption Problem," Discussion Papers 10-02, University at Albany, SUNY, Department of Economics.
- Michael Sattinger, 2010. "The Markov Consumption Problem," Discussion Papers 10-03, University at Albany, SUNY, Department of Economics.
- 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.
- Alexis Akira Toda, 2023. "Unbounded Markov Dynamic Programming with Weighted Supremum Norm Perov Contractions," Papers 2310.04593, arXiv.org.
- Gauthier, C. & Poitevin, M., 1994.
"Using Ex-ante Payments in Self-Enforcing Risk-Sharing Contracts,"
Cahiers de recherche
9402, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Céline Gauthier & Michel Poitevin, 1995. "Using Ex Ante Payments in Self-Enforcing Risk-Sharing Contracts," CIRANO Working Papers 95s-02, CIRANO.
- Gauthier, C. & Poitevin, M., 1994. "Using Ex-ante Payments in Self-Enforcing Risk-Sharing Contracts," Cahiers de recherche 9402, Universite de Montreal, Departement de sciences economiques.
- repec:cvs:starer:8415 is not listed on IDEAS
- Beatriz Armendariz & Bert D'Espallier & Marek Hudon & Ariane Szafarz, 2011. "Subsidy Uncertainty and Microfinance Mission Drift," Working Papers CEB 11-014, ULB -- Universite Libre de Bruxelles.
- Wang, Chong & Wang, Neng & Yang, Jinqiang, 2016.
"Optimal consumption and savings with stochastic income and recursive utility,"
Journal of Economic Theory, Elsevier, vol. 165(C), pages 292-331.
- Chong Wang & Neng Wang & Jinqiang Yang, 2013. "Optimal Consumption and Savings with Stochastic Income and Recursive Utility," NBER Working Papers 19319, National Bureau of Economic Research, Inc.
- Thomas H. Jørgensen, 2016.
"Euler equation estimation: Children and credit constraints,"
Quantitative Economics, Econometric Society, vol. 7(3), pages 935-968, November.
- Thomas Høgholm Jørgensen, 2014. "Euler Equation Estimation: Children and Credit Constraints," Discussion Papers 14-25, University of Copenhagen. Department of Economics.
- Benhabib, Jess & Bisin, Alberto & Zhu, Shenghao, 2015. "The wealth distribution in Bewley economies with capital income risk," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 489-515.
- 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.
- Mark Huggett, 2003.
"When Are Comparative Dynamics Monotone?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(1), pages 1-11, January.
- Mark Huggett, 2003. "When are Comparative Dynamics Monotone?," Working Papers gueconwpa~03-03-12, Georgetown University, Department of Economics.
- Bewley, Truman, 1983.
"A Difficulty with the Optimum Quantity of Money,"
Econometrica, Econometric Society, vol. 51(5), pages 1485-1504, September.
- Truman Bewley, 1979. "The Optimum Quantity of Money," Discussion Papers 383, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Lars Ljungqvist & Thomas Sargent, 1999. "Matlab code for the Bewley model with production," QM&RBC Codes 19, Quantitative Macroeconomics & Real Business Cycles.
- Zehao Liu & Chengbo Xie, 2023. "Haircuts, interest rates, and credit cycles," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(1), pages 69-109, July.
- 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.
- Angus Deaton, 2016.
"Measuring and Understanding Behavior, Welfare, and Poverty,"
American Economic Review, American Economic Association, vol. 106(6), pages 1221-1243, June.
- Deaton, Angus, 2015. "Measuring and understanding behavior, welfare, and poverty," Nobel Prize in Economics documents 2015-3, Nobel Prize Committee.
- Shenghao Zhu, 2020. "Existence Of Stationary Equilibrium In An Incomplete‐Market Model With Endogenous Labor Supply," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(3), pages 1115-1138, August.
- Eduardo Engel & Christopher Neilson & Rodrigo Valdés, 2013.
"Chile’s Fiscal Rule as Social Insurance,"
Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Jordi Galí (ed.),Fiscal Policy and Macroeconomic Performance, edition 1, volume 17, chapter 10, pages 393-425,
Central Bank of Chile.
- Eduardo Engel & Christopher Neilson & Rodrigo Valdés, 2011. "Chile’s Fiscal Rule as Social Insurance," Working Papers Central Bank of Chile 627, Central Bank of Chile.
- Ma, Qingyin & Stachurski, John & Toda, Alexis Akira, 2020.
"The income fluctuation problem and the evolution of wealth,"
Journal of Economic Theory, Elsevier, vol. 187(C).
- Qingyin Ma & John Stachurski & Alexis Akira Toda, 2019. "The Income Fluctuation Problem and the Evolution of Wealth," Papers 1905.13045, arXiv.org, revised Feb 2020.
- repec:fth:starer:8415 is not listed on IDEAS
- Epper, Thomas, 2015. "Income Expectations, Limited Liquidity, and Anomalies in Intertemporal Choice," Economics Working Paper Series 1519, University of St. Gallen, School of Economics and Political Science.
- Allen, Franklin & Gale, Douglas, 1997.
"Financial Markets, Intermediaries, and Intertemporal Smoothing,"
Journal of Political Economy, University of Chicago Press, vol. 105(3), pages 523-546, June.
- Franklin Allen & Douglas Gale, 1995. "Financial Markets, Intermediaries, and Intertemporal Smoothing," Center for Financial Institutions Working Papers 95-02, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Franklin Allen & Douglas Gale, 1996. "Financial Markets, Intermediaries and Intertemporal Smoothing," Center for Financial Institutions Working Papers 96-33, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Franklin Allen & Douglas Gale, 1995. "Financial markets, intermediaries, and intertemporal smoothing," Working Papers 95-4, Federal Reserve Bank of Philadelphia.
- 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.
- Thomas J. Sargent & John Stachurski, 2024. "Dynamic Programming: Finite States," Papers 2401.10473, arXiv.org.
- Richard H. Clarida, 1985.
"International Lending and Borrowing in a Stochastic Sequence Equilibrium,"
Cowles Foundation Discussion Papers
771, Cowles Foundation for Research in Economics, Yale University.
- Richard H. Clarida, 1986. "International Lending and Borrowing in a Stochastic Sequence Equilibrium," NBER Working Papers 1944, National Bureau of Economic Research, Inc.
- Oscar Mauricio Valencia, 2006.
"Monetary Policy With Liquidity Frictions,"
Documentos CEDE
3252, Universidad de los Andes, Facultad de Economía, CEDE.
- Oscar Mauricio VALENCIA A., 2007. "Monetary Policy with Liquidity Frictions," Archivos de Economía 11221, Departamento Nacional de Planeación.
- Michael Magill & Martine Quinzii, "undated".
"Equity, Bonds, Growth And Inflation In A Quadratic Infinite Horizon Economy,"
Department of Economics
98-08, California Davis - Department of Economics.
- Martine Quinzii & Michael Magill & Julian R. Betts, 2003. "Equity, Bonds, Growth And Inflation In A Quadratic Infinite Horizon Economy," Working Papers 988, University of California, Davis, Department of Economics.
- Schmidt-Hebbel, K. & Serven, L., 1997. "Saving Across the World: Puzzles and Policies," World Bank - Discussion Papers 354, World Bank.
- Qingyin Ma & John Stachurski & Alexis Akira Toda, 2018. "The Income Fluctuation Problem with Capital Income Risk: Optimality and Stability," Papers 1812.01320, arXiv.org.
- Wilson, Bonnie, 2003. "Diversification of risk and saving," The Quarterly Review of Economics and Finance, Elsevier, vol. 43(4), pages 697-712.
- Rampini, Adriano A. & Viswanathan, S., 2018. "Financing Insurance," CEPR Discussion Papers 12855, C.E.P.R. Discussion Papers.
- Emilio Fernandez-Corugedo, 2002. "Soft liquidity constraints and precautionary saving," Bank of England working papers 158, Bank of England.
- Bar Light, 2018. "Precautionary Saving in a Markovian Earnings Environment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 138-147, July.
- Aylin Seckin, 2000. "Habit Formation: A Kind of Prudence?," CIRANO Working Papers 2000s-42, CIRANO.
- Alexis Akira Toda, 2024. "Unbounded Markov dynamic programming with weighted supremum norm Perov contractions," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 12(2), pages 141-156, December.
- Grigoli, Francesco & Herman, Alexander & Schmidt-Hebbel, Klaus, 2018. "Saving in the world," World Development, Elsevier, vol. 104(C), pages 257-270.
- Gauthier, Celine & Poitevin, Michel & Gonzalez, Patrick, 1997. "Ex Ante Payments in Self-Enforcing Risk-Sharing Contracts," Journal of Economic Theory, Elsevier, vol. 76(1), pages 106-144, September.
- 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.