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Consumer Durables and the Optimality of Usually Doing Nothing
16 references·4 citing·45 second hop
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this work references cited by second hop

References

  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 1981The Adjustment of Consumption to Changing Expectations About Future Income1,326 cited
  • 1987Are Output Fluctuations Transitory?811 cited
  • 1977Inflation and Costs of Price Adjustment758 cited
  • 1987Menu Costs and the Neutrality of Money672 cited
  • 1978Estimation of Dynamic Labor Demand Schedules under Rational Expectations604 cited
  • 1987Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis517 cited
  • 1986Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis514 cited
  • 2016Can Small Deviations from Rationality Make Significant Differences to Economic Equilibria441 cited
  • 1982The Permanent Income Hypothesis: Estimation and Testing by Instrumental Variables375 cited
  • 1979Optimal expectations and the extreme information assumptions of ‘rational expectations’ macromodels368 cited
  • 1982Hall's consumption hypothesis and durable goods296 cited
  • 1981Retail Inventory Behavior and Business Fluctuations227 cited
  • 1975Monetary Policy during a Transition to Rational Expectations180 cited
  • 1986

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Are Output Fluctuations Transitory?
168 cited
  • 1980EMPIRICAL INVESTMENT EQUATIONS. AN INTEGRATIVE FRAMEWORK136 cited
  • Cited by

    • 1988The Challenge of High Unemployment64 cited
    • 2001Behavior of Household Portfolios in France: the Role of Housing21 cited
    • 2010Stockholding: Does Housing Wealth Matter?21 cited
    • 1992THE SERVICE FLOW FROM CONSUMPTION GOODS WITH AN APPLICATION TO FRIEDMAN'S PERMANENT INCOME HYPOTHESIS10 cited