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Precautionary Saving and the Marginal Propensity to Consume
16 references·16 citing·33 second hopsampled
Precautionary Saving and the Marginal Propensity to Consume (1990)Precautionary Saving and the Marginal Pro…Precautionary Saving in the Small and in the Large (1989)Precautionary Saving in the S…Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence (1989)Optimal Consumption with Stoc…The equity premium: A puzzle (1985)The equity premium: A puzzleDebt, Deficits, and Finite Horizons (1985)Debt, Deficits, and Finite Ho…Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns (1983)Stochastic Consumption, Risk …The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households (1980)The Sensitivity of Consumptio…Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Stochastic Implications of th…Asset Prices in an Exchange Economy (1978)Asset Prices in an Exchange E…THE DEMAND FOR RISKY ASSETS (1977)THE DEMAND FOR RISKY ASSETSRisk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Consumption decisions under uncertainty (1972)Consumption decisions under u…Optimum consumption and portfolio rules in a continuous-time model (1971)Optimum consumption and portf…The Effect of Uncertainty on Saving Decisions (1970)The Effect of Uncertainty on …Saving and Uncertainty: The Precautionary Demand for Saving (1968)Saving and Uncertainty: The P…A Theory of the Consumption Function (1960)A Theory of the Consumption F…Theory of the Consumption Function (1957)Theory of the Consumption Fun…The Marginal Propensity to Consume in Heterogeneous Agent Models (2022)The Marginal Propensity to Co…Saving and Portfolio Allocation Before and After Job Loss (2016)Saving and Portfolio Allocati…Precautionary saving and the marginal propensity to consume out of permanent income (2009)Precautionary saving and the …The German SAVE study : design and results (2008)The German SAVE study : desig…Prudence and precautionary saving (2006)Prudence and precautionary sa…Real Estate and its Role in Household Portfolio Choice (2003)Real Estate and its Role in H…Time diversification, liquidity constraints, and decreasing aversion to risk on wealth (2002)Time diversification, liquidi…Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income (2001)Precautionary Saving and the …Taxation of Labor Income and the Demand for Risky Assets (2000)Taxation of Labor Income and …Consumption and the timing of income risk (1999)Consumption and the timing of…The Nature of Precautionary Wealth (1995)The Nature of Precautionary W…Imperfect insurance and differing propensities to consume across households (1995)Imperfect insurance and diffe…The importance of precautionary motives in explaining individual and aggregate saving (1994)The importance of precautiona…Debt deflation: Theory and evidence (1994)Debt deflation: Theory and ev…Background Risk, Prudence, and the Demand for Insurance (1992)Background Risk, Prudence, an…Chapter 14 Consumption and investment (1990)Chapter 14 Consumption and in…Lifetime Portfolio Selection By Dynamic Stochastic Programming (1969)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING (1975)An equilibrium characterization of the term structure (1977)A Theory of the Term Structure of Interest Rates (1985)An Intertemporal Capital Asset Pricing Model (1973)On estimating the expected return on the market (1980)Predicting returns in the stock and bond markets (1986)Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis (1991)Chapter 18 A survey of behavioral finance (2003)Rational Expectations and the Theory of Price Movements (1961)Aspects of the Theory of Risk-Bearing. (1966)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Economic Forces and the Stock Market (1986)Efficient Capital Markets: II (1991)Time to Build and Aggregate Fluctuations (1982)Noise Trader Risk in Financial Markets (1990)ARCH modeling in finance (1992)Trends and random walks in macroeconmic time series (1982)Testing for a Unit Root in Time Series Regression (1988)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Financial Intermediation and Delegated Monitoring (1984)Prospect theory: An analysis of decision under risk (1988)Well-being : the foundations of hedonic psychology (1999)Uninsured Idiosyncratic Risk and Aggregate Saving (1994)The analysis of household surveys (1997)Conditional Skewness in Asset Pricing Tests (2000)Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality (1998)Zipf's Law for Cities: An Explanation (1999)Closing Small Open Economy Models (2002)Econometric policy evaluation: A critique (1976)Business conditions and expected returns on stocks and bonds (1989)Capital markets research in accounting (2001)
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References

  • 1971Optimum consumption and portfolio rules in a continuous-time model5,966 cited
  • 1985The equity premium: A puzzle5,785 cited
  • 1978Asset Prices in an Exchange Economy5,057 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 1957Theory of the Consumption Function3,335 cited
  • 1985Debt, Deficits, and Finite Horizons2,391 cited
  • 1960A Theory of the Consumption Function2,232 cited
  • 1983Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns1,549 cited
  • 1989Precautionary Saving in the Small and in the Large1,498 cited
  • 1968Saving and Uncertainty: The Precautionary Demand for Saving1,376 cited
  • 1977THE DEMAND FOR RISKY ASSETS1,052 cited
  • 1970The Effect of Uncertainty on Saving Decisions923 cited
  • 1989Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence904 cited
  • 1980The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households650 cited
  • 1972

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Consumption decisions under uncertainty
583 cited

Cited by

  • 1994Debt deflation: Theory and evidence196 cited
  • 1992Background Risk, Prudence, and the Demand for Insurance187 cited
  • 2009Precautionary saving and the marginal propensity to consume out of permanent income150 cited
  • 2022The Marginal Propensity to Consume in Heterogeneous Agent Models116 cited
  • 2000Taxation of Labor Income and the Demand for Risky Assets105 cited
  • 2008The German SAVE study : design and results71 cited
  • 1990Chapter 14 Consumption and investment68 cited
  • 1995The Nature of Precautionary Wealth63 cited
  • 2003Real Estate and its Role in Household Portfolio Choice62 cited
  • 2002Time diversification, liquidity constraints, and decreasing aversion to risk on wealth58 cited
  • 1995Imperfect insurance and differing propensities to consume across households54 cited
  • 2016Saving and Portfolio Allocation Before and After Job Loss52 cited
  • 1994The importance of precautionary motives in explaining individual and aggregate saving38 cited
  • 2001Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income38 cited
  • 1999Consumption and the timing of income risk31 cited
  • 2006Prudence and precautionary saving24 cited