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The effect on optimal consumption of increased uncertainty in labor income in the multiperiod case

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Miller, Bruce L.
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Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 13 (1976)
Issue (Month): 1 (August)
Pages: 154-167
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Handle: RePEc:eee:jetheo:v:13:y:1976:i:1:p:154-167

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Web page: http://www.elsevier.com/locate/inca/622869

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  1. Angelos A. Antzoulatos, 1997. "Macroeconomic forecasts under the prism of error-correction models," Research Paper 9728, Federal Reserve Bank of New York. [Downloadable!]
    Other versions:
  2. Jonathan S. Skinner, 1987. "Risky Income, Life Cycle Consumption, and Precautionary Savings," NBER Working Papers 2336, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Mark Huggett, . "Precautionary Wealth Accumulation: A Positive Third Derivative is not Enough," Working Papers gueconwpa~03-03-11, Georgetown University, Department of Economics. [Downloadable!]
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  4. 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.). [Downloadable!]
  5. Miles S. Kimball, 1990. "Precautionary Saving and the Marginal Propensity to Consume," NBER Working Papers 3403, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  6. Heer, Burkhard, 2000. "Employment and Welfare Effects of a Two-Tier Unemployment Compensation System," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  7. Mark Huggett, 2001. "Precautionary Wealth Accumulation," Working Papers gueconwpa~01-01-13, Georgetown University, Department of Economics. [Downloadable!]
    Other versions:
  8. Olson, Lars & Roy, Santanu, 2005. "Theory of Stochastic Optimal Economic Growth," Working Papers 28601, University of Maryland, Department of Agricultural and Resource Economics. [Downloadable!]
  9. Christopher D. Carroll & Miles S. Kimball, 2006. "Precautionary Saving and Precautionary Wealth," Economics Working Paper Archive 530, The Johns Hopkins University,Department of Economics. [Downloadable!]
  10. S. Rao Aiyagari, 1994. "Macroeconomics with frictions," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum, pages 24-40. [Downloadable!]
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