The DOI matches its Crossref record; 66 of the 66 references it cites were found in a registry or an index.
Consumption Inequality and Family Labor Supply
Abstract
We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive analytical expressions for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, nonseparability, progressive taxation, and asset accumulation. The model is estimated using panel data for hours, earnings, assets, and consumption. We focus on family labor supply as an insurance mechanism and find strong evidence of smoothing of permanent wage shocks. Once family labor supply, assets, and taxes are properly accounted for there is little evidence of additional insurance. (JEL D12, D14, D91, J22, J31)
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
(2019) · AEA Papers and Proceedings · doi:10.1257/pandp.109.612 · Cited by 10,902
Deaton, A. (1980) · Oxford University Research Archive (ORA) (University of Oxford) · Cited by 4,258
Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence
Hall, R. E. (1978) · Journal of Political Economy · doi:10.1086/260724 · Cited by 3,573
Labor Supply: A Review of Alternative Approaches
Blundell, R., & Macurdy, T. (1999) · Handbook of Labor Economics · doi:10.1016/s1573-4463(99)03008-4 · Cited by 2,005
Self-citationConsumption and Liquidity Constraints: An Empirical Investigation
Zeldes, S. P. (1989) · Journal of Political Economy · doi:10.1086/261605 · Cited by 1,931
When Is the Government Spending Multiplier Large?
Christiano, L., Eichenbaum, M., & Rebelo, S. (2011) · Journal of Political Economy · doi:10.1086/659312 · Cited by 1,837
Consumption Inequality and Partial Insurance
Blundell, R., Pistaferri, L., & Preston, I. (2008) · American Economic Review · doi:10.1257/aer.98.5.1887 · Cited by 980
Self-citationA Model of the Consumption Response to Fiscal Stimulus Payments
(2014) · Econometrica · doi:10.3982/ecta10528 · Cited by 966
Consumption inequality and partial insurance
Blundell, R., Pistaferri, L., & Preston, I. (2004) · Working Paper Series · doi:10.1920/wp.ifs.2004.0428 · Cited by 846
Self-citationAn Empirical Model of Labor Supply in a Life-Cycle Setting
MaCurdy, T. E. (1981) · Journal of Political Economy · doi:10.1086/261023 · Cited by 820
Cited by
Attanasio, O. P., & Pistaferri, L. (2016) · Journal of Economic Perspectives · doi:10.1257/jep.30.2.3 · Cited by 259
Self-citationHealth and work in the family: Evidence from spouses’ cancer diagnoses
Jeon, S.-H., & Pohl, R. V. (2017) · Journal of Health Economics · doi:10.1016/j.jhealeco.2016.12.008 · Cited by 88
Negative Home Equity and Household Labor Supply
BERNSTEIN, A. (2021) · The Journal of Finance · doi:10.1111/jofi.13070 · Cited by 83
The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
Fuchs-Schündeln, N., Krueger, D., Kurmann, A., Lalé, E., Ludwig, A., & Popova, I. (2023) · IMF Economic Review · doi:10.1057/s41308-022-00196-2 · Cited by 33
“Estimates for women tend to be higher, see also Blundell et al. (2016).”
The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
Fuchs-Schündeln, N., Krueger, D., Kurmann, A., Lalé, E., Ludwig, A., & Popova, I. (2021) · doi:10.3386/w29398 · Cited by 32
Metadata
- Authors
- Blundell, R., Pistaferri, L., & Saporta-Eksten, I.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2016-02-01
- Volume
- 106
- Issue
- 2
- Pages
- 387-435
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2117881666
- Cited by
- 462
- References
- 66
- FWCI
- 91.97
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Consumption Inequality and Family Labor Supply. https://app.cochat.ai/papers/10.1257/aer.20121549
- The paper
- Blundell, R., Pistaferri, L., & Saporta-Eksten, I. (2016). Consumption Inequality and Family Labor Supply. American Economic Review. https://doi.org/10.1257/aer.20121549
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
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.
