메뉴 건너뛰기




Volumn 44, Issue 2, 2000, Pages 337-358

Using subjective income expectations to test for excess sensitivity of consumption to predicted income growth

Author keywords

Excess sensitivity; Precautionary saving; Subjective expectations

Indexed keywords

CONSUMPTION BEHAVIOR; INCOME; INFLATION; SAVINGS;

EID: 0033967614     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0014-2921(98)00069-5     Document Type: Article
Times cited : (58)

References (22)
  • 1
    • 0000258689 scopus 로고
    • Testing the response of consumption to income with (noisy) panel data
    • Altonji J.G., Siow A. Testing the response of consumption to income with (noisy) panel data. Quarterly Journal of Economics. 102:1987;293-328.
    • (1987) Quarterly Journal of Economics , vol.102 , pp. 293-328
    • Altonji, J.G.1    Siow, A.2
  • 2
    • 0029528442 scopus 로고
    • Is consumption growth consistent with intertemporal optimization? Evidence from the Consumer Expenditure Survey
    • Attanasio O.P., Weber G. Is consumption growth consistent with intertemporal optimization? Evidence from the Consumer Expenditure Survey. Journal of Political Economy. 103:1995;1121-1157.
    • (1995) Journal of Political Economy , vol.103 , pp. 1121-1157
    • Attanasio, O.P.1    Weber, G.2
  • 3
    • 0001345904 scopus 로고    scopus 로고
    • Household saving: Micro theories and micro facts
    • Browning M., Lusardi A. Household saving. Micro theories and micro facts Journal of Economic Literature. 34:1996;1797-1855.
    • (1996) Journal of Economic Literature , vol.34 , pp. 1797-1855
    • Browning, M.1    Lusardi, A.2
  • 5
    • 0039921869 scopus 로고
    • Buffer stock saving and the life cycle/permanent income hypothesis
    • Carroll C.D. Buffer stock saving and the life cycle/permanent income hypothesis. Brookings Papers on Economic Activity. 2:1992;61-156.
    • (1992) Brookings Papers on Economic Activity , vol.2 , pp. 61-156
    • Carroll, C.D.1
  • 6
    • 0001337803 scopus 로고
    • Panel data
    • Z. Griliches, Intriligator M.D. Amsterdam: North-Holland
    • Chamberlain G. Panel data. Griliches Z., Intriligator M.D. Handbook of Econometrics. 2:1984;North-Holland, Amsterdam.
    • (1984) Handbook of Econometrics , vol.2
    • Chamberlain, G.1
  • 7
    • 0030639965 scopus 로고    scopus 로고
    • Expected and realized income changes: Evidence from the Dutch socio-economic panel
    • Das M., Van Soest A. Expected and realized income changes. Evidence from the Dutch socio-economic panel Journal of Economic Behavior and Organization. 32:1997;137-154.
    • (1997) Journal of Economic Behavior and Organization , vol.32 , pp. 137-154
    • Das, M.1    Van Soest, A.2
  • 12
    • 0031480092 scopus 로고    scopus 로고
    • Excess sensitivity and asymmetries in consumption: An empirical investigation
    • Garcia R., Lusardi A., Ng S. Excess sensitivity and asymmetries in consumption. An empirical investigation Journal of Money, Credit, and Banking. 29:1997;154-176.
    • (1997) Journal of Money, Credit, and Banking , vol.29 , pp. 154-176
    • Garcia, R.1    Lusardi, A.2    Ng, S.3
  • 15
    • 84959747575 scopus 로고
    • The permanent income hypothesis and consumption durability: Analysis based on Japanese panel data
    • Hayashi F. The permanent income hypothesis and consumption durability. Analysis based on Japanese panel data Quarterly Journal of Economics. 100:1985;1083-1113.
    • (1985) Quarterly Journal of Economics , vol.100 , pp. 1083-1113
    • Hayashi, F.1
  • 16
    • 0002541131 scopus 로고
    • Precautionary saving in the small and in the large
    • Kimball M. Precautionary saving in the small and in the large. Econometrica. 58:1990;53-73.
    • (1990) Econometrica , vol.58 , pp. 53-73
    • Kimball, M.1
  • 18
    • 0030526068 scopus 로고    scopus 로고
    • Permanent income, current income and consumption: Evidence from two panel data sets
    • Lusardi A. Permanent income, current income and consumption: Evidence from two panel data sets. Journal of Business and Economics Statistics. 14:1996;81-90.
    • (1996) Journal of Business and Economics Statistics , vol.14 , pp. 81-90
    • Lusardi, A.1
  • 19
    • 0030354002 scopus 로고    scopus 로고
    • Intertemporal non-separability or borrowing restrictions? A disaggregate analysis using a US consumption panel
    • Meghir C., Weber G. Intertemporal non-separability or borrowing restrictions? A disaggregate analysis using a US consumption panel. Econometrica. 64:1996;1151-1182.
    • (1996) Econometrica , vol.64 , pp. 1151-1182
    • Meghir, C.1    Weber, G.2
  • 21
    • 0001885680 scopus 로고
    • Union contracts and the life-cycle permanent income hypothesis
    • Shea J. Union contracts and the life-cycle permanent income hypothesis. American Economic Review. 85:1995;186-200.
    • (1995) American Economic Review , vol.85 , pp. 186-200
    • Shea, J.1
  • 22
    • 84936047538 scopus 로고
    • Consumption and liquidity constraints: An empirical investigation
    • Zeldes S.P. Consumption and liquidity constraints: An empirical investigation. Journal of Political Economy. 97:1989;305-346.
    • (1989) Journal of Political Economy , vol.97 , pp. 305-346
    • Zeldes, S.P.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.