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The effect on optimal consumption of increased uncertainty in labor income in the multiperiod case
11 references·15 citing·44 second hop
The effect on optimal consumption of increased uncertainty in labor income in the multiperiod case (1976)The effect on optimal consumption of incr…Permanent and transitory income effects in a model of optimal consumption with wage income uncertainty (1975)Permanent and transitory inco…Increases in risk and in risk aversion (1974)Increases in risk and in risk…Semi-Markov Decision Processes with Unbounded Rewards (1973)Semi-Markov Decision Processe…Consumption decisions under uncertainty (1972)Consumption decisions under u…Addendum to “increasing risk: I. A definition” (1972)Addendum to “increasing risk:…Uncertainty and Optimal Consumption Decisions (1971)Uncertainty and Optimal Consu…Optimum consumption and portfolio rules in a continuous-time model (1971)Optimum consumption and portf…Increasing risk II: Its economic consequences (1971)Increasing risk II: Its econo…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 Note on Certainty Equivalence in Dynamic Planning (1957)A Note on Certainty Equivalen…The effect of culture on consumption: A behavioral approach (2020)The effect of culture on cons…Precautionary saving in Spain during the great recession: evidence from a panel of uncertainty indicators (2018)Precautionary saving in Spain…Economic Security of Households and Their Savings and Credits (2013)Economic Security of Househol…Precautionary Saving and Precautionary Wealth (2008)Precautionary Saving and Prec…precautionary saving and precautionary wealth (2008)precautionary saving and prec…Precautionary Wealth Accumulation (2004)Precautionary Wealth Accumula…Aggregate precautionary savings: when is the third derivative irrelevant? 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this work references cited by second hop

References

  • 1971Optimum consumption and portfolio rules in a continuous-time model5,966 cited
  • 1968Saving and Uncertainty: The Precautionary Demand for Saving1,376 cited
  • 1971Increasing risk II: Its economic consequences1,082 cited
  • 1970The Effect of Uncertainty on Saving Decisions923 cited
  • 1972Consumption decisions under uncertainty583 cited
  • 1974Increases in risk and in risk aversion556 cited
  • 1957A Note on Certainty Equivalence in Dynamic Planning239 cited
  • 1971Uncertainty and Optimal Consumption Decisions208 cited
  • 1973Semi-Markov Decision Processes with Unbounded Rewards129 cited
  • 1972Addendum to “increasing risk: I. A definition”95 cited
  • 1975Permanent and transitory income effects in a model of optimal consumption with wage income uncertainty80 cited

Cited by

  • 1984Taxation and Savings - A Neoclassical Perspective104 cited
  • 1984Optimal consumption with stochastic income68 cited
  • 2001Aggregate precautionary savings: when is the third derivative irrelevant?60 cited
  • 2004Precautionary Wealth Accumulation40 cited
  • 2008

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

Precautionary Saving and Precautionary Wealth
33 cited
  • 1994Macroeconomics With Frictions30 cited
  • 2008precautionary saving and precautionary wealth29 cited
  • 1990Cyclical variations in liquidity-constrained consumers: Evidence from macro data in Japan24 cited
  • 1982Optimal Consumption Policy under Uncertain Income23 cited
  • 2018Precautionary saving in Spain during the great recession: evidence from a panel of uncertainty indicators21 cited
  • 1979Consumption under Uncertainty21 cited
  • 2013Economic Security of Households and Their Savings and Credits17 cited
  • 2020The effect of culture on consumption: A behavioral approach15 cited
  • 1986CONSUMPTION DECISIONS WITH INCOME UNCERTAINTY AND A KINKED BUDGET CONSTRAINT0 cited
  • 1995Is precautionary saving futile? A critique of orthodox theory0 cited