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Can Consumers Distinguish Persistent from Transitory Income Shocks?
16 references·0 citing·44 second hopsampled
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References

  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 2002Consumption Over the Life Cycle1,824 cited
  • 1997Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis1,729 cited
  • 1991Saving and Liquidity Constraints1,656 cited
  • 1989A Method of Simulated Moments for Estimation of Discrete Response Models Without Numerical Integration1,641 cited
  • 1992Understanding Consumption1,484 cited
  • 1981The Adjustment of Consumption to Changing Expectations About Future Income1,326 cited
  • 1992The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence1,060 cited
  • 2008Consumption Inequality and Partial Insurance996 cited
  • 1960Optimal Properties of Exponentially Weighted Forecasts985 cited
  • 2006Household Expenditure and the Income Tax Rebates of 2001939 cited
  • 2013Consumer Spending and the Economic Stimulus Payments of 2008882 cited
  • 2017Consumption inequality and partial insurance846 cited
  • 2010The Consumption Response to Income Changes714 cited
  • 2003Income Variance Dynamics and Heterogeneity635 cited
  • 1995

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Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey
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