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Why Is Consumption Less Volatile Than Income? · Study

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ArticleWhy Is Consumption Less Volatile Than Income?

Lawrence J. Christiano1987

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Articlebronze1987

Why Is Consumption Less Volatile Than Income?

Lawrence J. Christiano

18 citations·0/0 files stored·Quarterly Review

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Monetary Policy and Economic Impact Financial Literacy, Pension, Retirement Analysis Economic Theory and Policy

Abstract

Income; Business cycles; Consumption (Economics)

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References

1988On the mechanics of economic development 1986Increasing Returns and Long-Run Growth 1989The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis 1982Time to Build and Aggregate Fluctuations 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence 1983Real Business Cycles 1986Theory ahead of business-cycle measurement 1988How Big Is the Random Walk in GNP?

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Details

Year1987

Typearticle

Published1987-09-01

VenueQuarterly Review

ISSN-L0271-5287

Languageen

Citations18

Files0 public / 0

ShelfMonetary Policy and Economic Impact

Identifiers

doi10.21034/qr.1141

openalex_workW1534055083

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