The DOI matches its Crossref record.
Uninsured Idiosyncratic Risk and Aggregate Saving
Open accessAbstract
We present a qualitative and quantitative analysis of the standard growth model modified to include precautionary saving motives and liquidity constraints. We address the impact on the aggregate saving rate, the importance of asset trading to individuals, and the relative inequality of wealth and income distributions.
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
Cited by
Golden eggs and hyperbolic discounting
Laibson, D. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555253 · Cited by 6,122
Entrepreneurship, Saving, and Social Mobility
Quadrini, V. (2000) · Review of Economic Dynamics · doi:10.1006/redy.1999.0077 · Cited by 678
Banking and interest rates in monetary policy analysis: A quantitative exploration
Goodfriend, M., & McCallum, B. T. (2007) · Journal of Monetary Economics · doi:10.1016/j.jmoneco.2007.06.009 · Cited by 462
A Model of Secular Stagnation: Theory and Quantitative Evaluation
Eggertsson, G. B., Mehrotra, N. R., & Robbins, J. A. (2019) · American Economic Journal: Macroeconomics · doi:10.1257/mac.20170367 · Cited by 405
Gomes, F., Haliassos, M., & Ramadorai, T. (2021) · Journal of Economic Literature · doi:10.1257/jel.20201461 · Cited by 396
Metadata
- Authors
- Aiyagari, S. R.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1994-08-01
- Volume
- 109
- Issue
- 3
- Pages
- 659-684
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2096218604
- Cited by
- 2,795
- References
- 0
- FWCI
- 36.24
- Type
- journal article
- Language
- en
- Open access
- gold
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: Uninsured Idiosyncratic Risk and Aggregate Saving. https://app.cochat.ai/papers/10.2307/2118417
- The paper
- Aiyagari, S. R. (1994). Uninsured Idiosyncratic Risk and Aggregate Saving. The Quarterly Journal of Economics. https://doi.org/10.2307/2118417
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.