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Cited by 1,427

The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.

Understanding Consumption

Deaton, Angus·1992

Abstract

Presents a comprehensive introduction to the study of consumption and saving using theoretical models based on standard microeconomic foundations as well as reviewing the substantial empirical literature on the subject. A number of related topics such as the growth‐to‐saving hypothesis, the impact of interest rates on saving, risk sharing, aggregation, and information are also covered. One main focus of the book is the debate on the permanent income hypothesis and the excess sensitivity of consumption with respect to income. The importance of precautionary saving and liquidity constraints in explaining the observed consumption paths are also discussed in detail.

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Metadata

Authors
Deaton, A.
Published
1992-10-08
OpenAlex
W4240979370
Cited by
1,427
References
6
FWCI
133.49
Type
book
Language
en
Open access
closed

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CoChat. (2026). Citation check: Understanding Consumption. https://app.cochat.ai/papers/10.1093/0198288247.001.0001
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Deaton, A. (1992). Understanding Consumption. https://doi.org/10.1093/0198288247.001.0001

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.