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Habits, Rationality and Myopia in the Life Cycle Consumption Function
16 references·16 citing·32 second hopsampled
Habits, Rationality and Myopia in the Life Cycle Consumption Function (1986)Habits, Rationality and Myopia in the Lif…Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data (2013)Utility Analysis and the Cons…A Time Series Analysis of Representative Agent Models of Consumption and Leisure Choice under Uncertainty (1988)A Time Series Analysis of Rep…Individual retirement and savings behavior (1984)Individual retirement and sav…Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia? (1984)Excess Sensitivity of Consump…The Permanent Income Hypothesis: Estimation and Testing by Instrumental Variables (1982)The Permanent Income Hypothes…Intertemporal Substitution in Macroeconomics (1982)Intertemporal Substitution in…The permanent income hypothesis and the real interest rate (1981)The permanent income hypothes…The Adjustment of Consumption to Changing Expectations About Future Income (1981)The Adjustment of Consumption…The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households (1980)The Sensitivity of Consumptio…An Almost Ideal Demand System (1980)An Almost Ideal Demand SystemStochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Stochastic Implications of th…Econometric Modelling of the Aggregate Time-Series Relationship Between Consumers' Expenditure and Income in the United Kingdom (1978)Econometric Modelling of the …THE LIFE CYCLE HYPOTHESIS OF SAVING: AGGREGATE IMPLICATIONS AND TESTS (1963)THE LIFE CYCLE HYPOTHESIS OF …A Theory of the Consumption Function (1960)A Theory of the Consumption F…Habit Persistence and Lags in Consumer Behaviour (1952)Habit Persistence and Lags in…Income, Saving and the Theory of Consumer Behavior. (1950)Income, Saving and the Theory…Analysing the behavioural, psychological, and demographic determinants of financial decision making of household investors (2023)Analysing the behavioural, ps…Household Decisions, Credit Markets and the Macroeconomy: Implications for the Design of Central Bank Models (2010)Household Decisions, Credit M…Credit, Housing Collateral and Consumption: Evidence from the U.K., Japan and the U.S. (2010)Credit, Housing Collateral an…Saving and habit formation: evidence from Dutch panel data (2009)Saving and habit formation: e…International Evidence on Sticky Consumption Growth (2008)International Evidence on Sti…Risk Aversion and Planning Horizons (2006)Risk Aversion and Planning Ho…How Large Is the Housing Wealth Effect? A New Approach (2006)How Large Is the Housing Weal…Habit Persistence and Keeping Up with the Joneses:Evidence from Micro Data (2005)Habit Persistence and Keeping…Rational Addiction to News? (2003)Rational Addiction to News?Solving consumption models with multiplicative habits (2000)Solving consumption models wi…Life and Work of John Richard Nicholas Stone 1913–1991 (2000)Life and Work of John Richard…Financial Liberalization, Consumption and Debt in South Africa.* (2000)Financial Liberalization, Con…Intertemporal substitution in import demand and habit formation (1998)Intertemporal substitution in…The Intertemporal Allocation of Consumption: Theory and Evidence (1994)The Intertemporal Allocation …Understanding Consumption (1992)Understanding ConsumptionHabit Formation, Interdependent Preferences and Demographic Effects in the Almost Ideal Demand System (1991)Habit Formation, Interdepende…Dividend Policy, Growth, and the Valuation of Shares (1961)Social Security, Induced Retirement, and Aggregate Capital Accumulation (1974)Econometric policy evaluation: A critique (1976)Capital markets research in accounting (2001)A Theory of the Consumption Function (1958)No news is good news (1992)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)Economics and Consumer Behavior (1980)Panel data from time series of cross-sections (1985)Quadratic Engel Curves and Consumer Demand (1997)Forecasting Economic Time Series (2000)Theory of Cost and Production Functions (2015)Consumption inequality and partial insurance (2017)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Alternative Explanations of the Money-Income Correlation (1986)Golden Eggs and Hyperbolic Discounting (1997)How do house prices affect consumption? 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this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1980An Almost Ideal Demand System4,298 cited
  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 2013Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data2,508 cited
  • 1960A Theory of the Consumption Function2,232 cited
  • 1950Income, Saving and the Theory of Consumer Behavior.2,197 cited
  • 1963THE LIFE CYCLE HYPOTHESIS OF SAVING: AGGREGATE IMPLICATIONS AND TESTS2,011 cited
  • 1978Econometric Modelling of the Aggregate Time-Series Relationship Between Consumers' Expenditure and Income in the United Kingdom1,629 cited
  • 1981The Adjustment of Consumption to Changing Expectations About Future Income1,326 cited
  • 1980The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households650 cited
  • 1988A Time Series Analysis of Representative Agent Models of Consumption and Leisure Choice under Uncertainty581 cited
  • 1982Intertemporal Substitution in Macroeconomics539 cited
  • 1982The Permanent Income Hypothesis: Estimation and Testing by Instrumental Variables375 cited
  • 1984Individual retirement and savings behavior347 cited
  • 1952Habit Persistence and Lags in Consumer Behaviour304 cited
  • 1981

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The permanent income hypothesis and the real interest rate
163 cited
  • 1984Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?157 cited
  • Cited by

    • 2006How Large Is the Housing Wealth Effect? A New Approach249 cited
    • 1991Habit Formation, Interdependent Preferences and Demographic Effects in the Almost Ideal Demand System176 cited
    • 2000Solving consumption models with multiplicative habits109 cited
    • 1992Understanding Consumption80 cited
    • 2005Habit Persistence and Keeping Up with the Joneses:Evidence from Micro Data74 cited
    • 2023Analysing the behavioural, psychological, and demographic determinants of financial decision making of household investors69 cited
    • 2006Risk Aversion and Planning Horizons60 cited
    • 2010Credit, Housing Collateral and Consumption: Evidence from the U.K., Japan and the U.S.57 cited
    • 2000Financial Liberalization, Consumption and Debt in South Africa.*56 cited
    • 2003Rational Addiction to News?55 cited
    • 2009Saving and habit formation: evidence from Dutch panel data46 cited
    • 2010Household Decisions, Credit Markets and the Macroeconomy: Implications for the Design of Central Bank Models45 cited
    • 2000Life and Work of John Richard Nicholas Stone 1913–199143 cited
    • 2008International Evidence on Sticky Consumption Growth33 cited
    • 1998Intertemporal substitution in import demand and habit formation29 cited
    • 1994The Intertemporal Allocation of Consumption: Theory and Evidence27 cited