The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy
Open accessAbstract
This paper provides a critical survey of the large literature on the life cycle model of consumption, both from an empirical and a theoretical point of view. It discusses several approaches that have been taken in the literature to bring the model to the data, their empirical successes, and their failures. Finally, the paper reviews a number of changes to the standard life cycle model that could help solve the remaining empirical puzzles.
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Citations
Cites
Becker, G. S. (1991) · doi:10.4159/9780674020665 · Cited by 10,565
Golden eggs and hyperbolic discounting
Laibson, D. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555253 · Cited by 6,122
By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior
Campbell, J. Y., & Cochrane, J. H. (1999) · Journal of Political Economy · doi:10.1086/250059 · Cited by 5,210
Myopia and Inconsistency in Dynamic Utility Maximization
Strotz, R. H. (1955) · The Review of Economic Studies · doi:10.2307/2295722 · Cited by 2,834
Gross, D. B., & Souleles, N. S. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302753399472 · Cited by 867
Cited by
The Economic Importance of Financial Literacy: Theory and Evidence
Lusardi, A., & Mitchell, O. S. (2014) · Journal of Economic Literature · doi:10.1257/jel.52.1.5 · Cited by 4,698
Psychology and Economics: Evidence from the Field
DellaVigna, S. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.2.315 · Cited by 2,365
Monetary Policy and the Redistribution Channel
Auclert, A. (2019) · American Economic Review · doi:10.1257/aer.20160137 · Cited by 773
The Consumption Response to Income Changes
Jappelli, T., & Pistaferri, L. (2010) · Annual Review of Economics · doi:10.1146/annurev.economics.050708.142933 · Cited by 704
Financial literacy and its consequences: Evidence from Russia during the financial crisis
Klapper, L., Lusardi, A., & Panos, G. A. (2013) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2013.07.014 · Cited by 523
Metadata
- Authors
- Attanasio, O. P., & Weber, G.
- Venue
- Journal of Economic Literature
- Publisher
- American Economic Association
- Published
- 2010-09-01
- Volume
- 48
- Issue
- 3
- Pages
- 693-751
- ISSN
- 0022-0515 (ISSN-L)
- OpenAlex
- W1986513646
- Cited by
- 538
- References
- 5
- FWCI
- 118.17
- Type
- journal article
- Language
- en
- Open access
- green
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- Attanasio, O. P., & Weber, G. (2010). Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy. Journal of Economic Literature. https://doi.org/10.1257/jel.48.3.693
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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.