Concepedia

Consumption Insurance

Consumption Insurance is a theoretical framework in household financial decision-making that identifies mechanisms through which households smooth consumption in response to income fluctuations, thereby distinguishing itself from alternative models by emphasizing the role of formal and informal risk-sharing arrangements in stabilizing economic welfare.

159

Publications

14.7K

Citations

238

Authors

154

Institutions

Publications per year

2017–2026

31

Parents

Publications

159

Income Smoothing and Consumption Smoothing

Jonathan Morduch · The Journal of Economic Perspectives · 1995 · 1.4K citations · Full text

, , +17

A Simple Test of Consumption Insurance

John H. Cochrane · Journal of Political Economy · 1991 · 979 citations

, , +17

Full Insurance in the Presence of Aggregate Uncertainty

Barbara J. Mace · Journal of Political Economy · 1991 · 670 citations

, , +17

Housing Collateral, Consumption Insurance, and Risk Premia: An Empirical Perspective

Hanno N. Lustig, STIJN G. VAN NIEUWERBURGH · The Journal of Finance · 2005 · 634 citations · Full text

, , +17

Consumption Insurance: An Evaluation of Risk-Bearing Systems in Low-Income Economies

Robert M. Townsend · The Journal of Economic Perspectives · 1995 · 591 citations · Full text

, , +15

1–5 of 159

Authors

238

  1. SV
    Stijn Van Nieuwerburgh

    National Bureau of Economic Research, United States

    5 publications · 363 citations

    5

    h-index

  2. MS
    Mogens Steffensen

    University of Copenhagen, Denmark

    5 publications · 134 citations

    5

    h-index

  3. ES
    Emmanuel Skoufias

    World Bank, United States

    5 publications · 342 citations

    5

    h-index

  4. GK
    Greg Kaplan

    Princeton University, United States

    4 publications · 644 citations

    4

    h-index

  5. HK
    Holger Kraft

    Goethe University Frankfurt, Germany

    4 publications · 121 citations

    4

    h-index

1–5 of 238

Institutions

154

  1. National Bureau of Economic Research

    Cambridge, United States

    18 h-index

    38 publications

    3.7K citations

  2. University College London

    London, United Kingdom

    11 h-index

    17 publications

    2.7K citations

  3. University of Chicago

    Chicago, United States

    10 h-index

    15 publications

    1.8K citations

  4. Federal Reserve Bank of Minneapolis

    Minneapolis, United States

    8 h-index

    12 publications

    1.4K citations

  5. University of Pennsylvania

    Philadelphia, United States

    7 h-index

    10 publications

    689 citations

  6. Centre for Economic Policy Research

    London, United Kingdom

    6 h-index

    7 publications

    629 citations

  7. New York University

    New York, United States

    6 h-index

    10 publications

    919 citations

  8. Federal Reserve Board of Governors

    Washington D.C., United States

    5 h-index

    7 publications

    296 citations

1–8 of 154

Venues

  1. SSRN Electronic Journal

    Repository · 19 publications · 721 citations

    14

    h-index

  2. RePEc: Research Papers in Economics

    Repository · 10 publications · 267 citations

    10

    h-index

  3. Insurance Mathematics and Economics

    10 publications · 255 citations

    9

    h-index

  4. American Economic Review

    8 publications · 1.2K citations

    8

    h-index

  5. Journal of Political Economy

    JPE · 7 publications · 3K citations

    7

    h-index

1–5