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Concavity of the Consumption Function with
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References

  • 1989Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework4,270 cited
  • 2000Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles4,249 cited
  • 1994Uninsured Idiosyncratic Risk and Aggregate Saving2,799 cited
  • 1978Temporal Resolution of Uncertainty and Dynamic Choice Theory1,822 cited
  • 1997Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis1,706 cited
  • 1991Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis1,703 cited
  • 1989Precautionary Saving in the Small and in the Large1,498 cited
  • 1981Intertemporal Substitution in Consumption1,397 cited
  • 1988THE EQUITY PREMIUM PUZZLE AND THE RISK-FREE RATE PUZZLE1,378 cited
  • 1992Stochastic Differential Utility1,165 cited
  • 2006Household Expenditure and the Income Tax Rebates of 2001939 cited
  • 1989Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence904 cited
  • 1997The nature of precautionary wealth816 cited
  • 2008Consumption Strikes Back? Measuring Long‐Run Risk753 cited
  • 1999The Response of Household Consumption to Income Tax Refunds

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699 cited
  • 1996On the Concavity of the Consumption Function474 cited
  • Cited by

    • 2000Scientific progress and irreversibility: an economic interpretation of the ‘Precautionary Principle’369 cited
    • 2013Macroeconomics with Financial Frictions: A Survey198 cited
    • 2012Agent-based macroeconomics: A baseline model173 cited
    • 2017Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement159 cited
    • 2011Oil prices and the fiscal policy response in oil-exporting countries146 cited
    • 2017An interdisciplinary model for macroeconomics128 cited
    • 2006Consumption asymmetry and the stock market: Empirical evidence127 cited
    • 2015Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program126 cited
    • 2006Do Capital Gains Affect Consumption? Estimates of Wealth Effects from Italian Households’ Behavior123 cited
    • 2000Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior121 cited
    • 2015Pareto distribution of income in neoclassical growth models121 cited
    • 2021Sources of US Wealth Inequality: Past, Present, and Future118 cited
    • 2000Does income inequality raise aggregate saving?113 cited
    • 2008Adaptive Microfoundations for Emergent Macroeconomics111 cited
    • 2000Solving consumption models with multiplicative habits109 cited
    • 2012A unified model of entrepreneurship dynamics97 cited