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Does Buffer-Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption? Author info | Abstract | Publisher info | Download info | Related research | Statistics Sydney C. Ludvigson
Alexander Michaelides
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Article provided by American Economic Association in its journal American Economic Review .
Volume (Year): 91 (2001)
Issue (Month): 3 (June)
Pages: 631-647
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Handle: RePEc:aea:aecrev:v:91:y:2001:i:3:p:631-647Contact details of provider: Email: Web page: http://www.aeaweb.org/aer/ More information through EDIRC
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Keywords: References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Attanasio, Orazio P & Weber, Guglielmo, 1993.
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Attanasio, Orazio P & Browning, Martin, 1995.
"Consumption over the Life Cycle and over the Business Cycle ,"
American Economic Review ,
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Other versions: John Y. Campbell & N. Gregory Mankiw, 1990.
"Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence ,"
NBER Working Papers
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Beaudry, Paul & van Wincoop, Eric, 1996.
"The Intertemporal Elasticity of Substitution: An Exploration Using a US Panel of State Data ,"
Economica ,
London School of Economics and Political Science, vol. 63(251), pages 495-512, August.
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Christopher D. Carroll, 1992.
"The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence ,"
Brookings Papers on Economic Activity ,
Economic Studies Program, The Brookings Institution, vol. 23(1992-2), pages 61-156.
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Campbell, John Y & Deaton, Angus, 1989.
"Why Is Consumption So Smooth? ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 56(3), pages 357-73, July.
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Campbell, John Y, 1987.
"Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis ,"
Econometrica ,
Econometric Society, vol. 55(6), pages 1249-73, November.
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Deaton, A. & Grosh, M., 1998.
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191, Princeton, Woodrow Wilson School - Development Studies.
Carroll, Christopher D. & Samwick, Andrew A., 1997.
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