Concepedia

The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence

Christopher D. Carroll, Robert E. Hall, Stephen P. Zeldes

Brookings Papers on Economic Activity · 1992 · 1.1K citations · 35 references

DOIFull text

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Concepts

Abstract

macroeconomics, saving, recovery, recession, consumption, unemployment, forecasting

References

35

Credit Rationing in Markets with Imperfect Information

Joseph E. Stiglitz, Andrew Weiss · American Economic Review · 1981 · 12.9K citations · Full text

, , +13

Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework

Larry G. Epstein, Stanley E. Zin · Econometrica · 1989 · 4.5K citations

, , +17

A Theory of the Consumption Function

Milton Friedman · Econometrica · 1960 · 2.3K citations

, , +14

Income, Saving and the Theory of Consumer Behavior.

Ralph Turvey, James S. Duesenberry · Economica · 1950 · 2.2K citations

, , +12

Habit Formation: A Resolution of the Equity Premium Puzzle

George M. Constantinides · Journal of Political Economy · 1990 · 2.2K citations

, , +17