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Franco Modigliani and the life-cycle theory of consumption
16 references·11 citing·38 second hop
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(1995)Is there a retirement-savings…Saving and Liquidity Constraints (1989)Saving and Liquidity Constrai…The Role of Intergenerational Transfers and Life Cycle Saving in the Accumulation of Wealth (1988)The Role of Intergenerational…Life Cycle, Individual Thrift, and the Wealth of Nations (1986)Life Cycle, Individual Thrift…The Role of Intergenerational Transfers in Aggregate Capital Accumulation (1981)The Role of Intergenerational…The Adjustment of Consumption to Changing Expectations About Future Income (1981)The Adjustment of Consumption…Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Stochastic Implications of th…Are Government Bonds Net Wealth? 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this work references cited by second hop

References

  • 1997Golden Eggs and Hyperbolic Discounting6,117 cited
  • 1974Are Government Bonds Net Wealth?5,990 cited
  • 1971Optimum consumption and portfolio rules in a continuous-time model5,966 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
  • 2004Save More Tomorrow™: Using Behavioral Economics to Increase Employee Saving2,490 cited
  • 1963THE LIFE CYCLE HYPOTHESIS OF SAVING: AGGREGATE IMPLICATIONS AND TESTS2,011 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
  • 1981The Adjustment of Consumption to Changing Expectations About Future Income1,326 cited
  • 1986Life Cycle, Individual Thrift, and the Wealth of Nations1,274 cited
  • 1981The Role of Intergenerational Transfers in Aggregate Capital Accumulation812 cited
  • 1988The Role of Intergenerational Transfers and Life Cycle Saving in the Accumulation of Wealth671 cited
  • 1995Is there a retirement-savings puzzle?

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655 cited
  • 2020Towards a Dynamic Economics526 cited
  • Cited by

    • 2008Potential and Pitfalls of Applying Theory to the Practice of Financial Education81 cited
    • 2008A Direct Test of The Buffer-Stock Model of Saving54 cited
    • 2015GENERATIONAL ECONOMICS AND THE NATIONAL TRANSFER ACCOUNTS36 cited
    • 2020Is the selfish life-cycle model more applicable in Japan and, if so, why? A literature survey32 cited
    • 2017International Perspectives on Homeownership and Home Equity Extraction by Senior Households28 cited
    • 2013Savings And Its Determinants In West Africa Countries23 cited
    • 2022Personalized Information as a Tool to Improve Pension Savings: Results from a Randomized Control Trial in Chile23 cited
    • 2012Housing as Income in Old Age18 cited
    • 2007A structure of the consumption function7 cited
    • 2018Life Cycle, Life Course, Lifespan0 cited
    • 2014Intertemporal Consumption and Savings Behavior: Neoclassical, Behavioral, and Neuroeconomic Approaches0 cited