Life-cycle consumption and hyperbolic discount functions

European Economic Review

Volumn 42, Issue 3-5, 1998, Pages 861-871

  Laibson, David ^a,b  

^a HARVARD UNIVERSITY   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

Buffer stock; Consumption; Dynamic inconsistency; Euler equation; Hyperbolic discounting; Savings; Time preference

Indexed keywords

EID: 0000169015     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0014-2921(97)00132-3     Document Type: Article

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