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Borrowing constraints, the cost of precautionary saving and unemployment insurance
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References

  • 1989Consumption and Liquidity Constraints: An Empirical Investigation1,933 cited
  • 2002Consumption Over the Life Cycle1,824 cited
  • 1997Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis1,706 cited
  • 1989Saving and Liquidity Constraints1,341 cited
  • 1988Unemployment Insurance And Unemployment Spells1,270 cited
  • 1984Job Search and Labor Market Analysis911 cited
  • 2002Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data865 cited
  • 1990Who is Credit Constrained in the U. S. Economy?816 cited
  • 1992The Great Compression: The Wage Structure in the United States at Mid-Century766 cited
  • 1989Poverty and the Distribution of Material Hardship647 cited
  • 2001A Theory of the Consumption Function, With and Without Liquidity Constraints580 cited
  • 1978Some aspects of optimal unemployment insurance572 cited
  • 1978A model of social insurance with variable retirement411 cited
  • 2006A general formula for the optimal level of social insurance394 cited
  • 1992The Role of Unemployment Insurance in an Economy with Liquidity Constraints and Moral Hazard393 cited

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  • 1991Liquidity constraints and the permanent-income hypothesis350 cited
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