메뉴 건너뛰기




Volumn 85, Issue 3, 2003, Pages 586-604

Unemployment risk and precautionary wealth: Evidence from households' balance sheets

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0242474621     PISSN: 00346535     EISSN: None     Source Type: Journal    
DOI: 10.1162/003465303322369740     Document Type: Article
Times cited : (151)

References (37)
  • 1
    • 38349068317 scopus 로고
    • The Effect of Age at School Entry on Educational Attainment: An Application of Instrumental Variables with Moments from Two Samples
    • June
    • Angrist, Joshua D., and Alan B. Krueger, "The Effect of Age at School Entry on Educational Attainment: An Application of Instrumental Variables with Moments from Two Samples," Journal of the American Statistical Association 87 (June 1992), 328-336.
    • (1992) Journal of the American Statistical Association , vol.87 , pp. 328-336
    • Angrist, J.D.1    Krueger, A.B.2
  • 3
    • 0001345904 scopus 로고    scopus 로고
    • Household Saving: Micro Theories and Micro Facts
    • December
    • Browning, Martin, and Annamaria Lusardi, "Household Saving: Micro Theories and Micro Facts," Journal of Economic Literature 34 (December 1996), 1797-1855.
    • (1996) Journal of Economic Literature , vol.34 , pp. 1797-1855
    • Browning, M.1    Lusardi, A.2
  • 4
    • 0001118346 scopus 로고
    • Alternative Transformations to Handle Extreme Values of the Dependent Variable
    • March
    • Burbidge, John B., Lonnie Magee, and A. Leslie Robb, "Alternative Transformations to Handle Extreme Values of the Dependent Variable," Journal of the American Statistical Association 83 (March 1988), 123-127.
    • (1988) Journal of the American Statistical Association , vol.83 , pp. 123-127
    • Burbidge, J.B.1    Magee, L.2    Robb, A.L.3
  • 5
    • 0000587246 scopus 로고
    • Consumption Puzzles and Precautionary Saving
    • January
    • Caballero, Ricardo J., "Consumption Puzzles and Precautionary Saving," Journal of Monetary Economics 25 (January 1990), 113-136.
    • (1990) Journal of Monetary Economics , vol.25 , pp. 113-136
    • Caballero, R.J.1
  • 6
    • 0001274822 scopus 로고
    • Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence
    • Olivier Jean Blanchard and Stanley Fischer (Eds.) (Cambridge, MA: The MIT Press)
    • Campbell, John Y., and N. Gregory Mankiw, "Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence" (pp. 185-216), in Olivier Jean Blanchard and Stanley Fischer (Eds.), NBER Macroeconomics Annual 1989 (Cambridge, MA: The MIT Press, 1989).
    • (1989) NBER Macroeconomics Annual 1989 , pp. 185-216
    • Campbell, J.Y.1    Mankiw, N.G.2
  • 7
    • 0001680388 scopus 로고
    • Wage Losses for Displaced Workers: Is It Really the Firm that Matters?
    • Summer
    • Carrington, William J., "Wage Losses for Displaced Workers: Is It Really the Firm that Matters?" Journal of Human Resources 28 (Summer 1993), 435-462.
    • (1993) Journal of Human Resources , vol.28 , pp. 435-462
    • Carrington, W.J.1
  • 8
    • 0039921869 scopus 로고
    • The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence
    • Carroll, Christopher D., "The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence," Brookings Papers on Economic Activity 2 (1992), 61-156.
    • (1992) Brookings Papers on Economic Activity , vol.2 , pp. 61-156
    • Carroll, C.D.1
  • 9
    • 0028600139 scopus 로고
    • How Does Future Income Affect Current Consumption?
    • February
    • _ "How Does Future Income Affect Current Consumption?" Quarterly Journal of Economics 109 (February 1994), 111-148.
    • (1994) Quarterly Journal of Economics , vol.109 , pp. 111-148
  • 10
    • 0242507961 scopus 로고    scopus 로고
    • Department of Economics, Johns Hopkins University, manuscript
    • _ "Buffer Stock Saving: Some Theory." Department of Economics, Johns Hopkins University, manuscript (2001).
    • (2001) Buffer Stock Saving: Some Theory
  • 11
    • 0346307679 scopus 로고    scopus 로고
    • Unemployment Expectations, Jumping (S, s) Triggers, and Household Balance Sheets
    • Benjamin S. Bernanke and Julio Rotemberg (Eds.) (Cambridge, MA: The MIT Press)
    • Carroll, Christopher D., and Wendy E. Dunn, "Unemployment Expectations, Jumping (S, s) Triggers, and Household Balance Sheets," in Benjamin S. Bernanke and Julio Rotemberg (Eds.), NBER Macroeconomics Annual 1997 (Cambridge, MA: The MIT Press, 1997).
    • (1997) NBER Macroeconomics Annual 1997
    • Carroll, C.D.1    Dunn, W.E.2
  • 12
    • 0031232423 scopus 로고    scopus 로고
    • The Nature of Precautionary Wealth
    • September
    • Carroll, Christopher D., and Andrew Samwick, "The Nature of Precautionary Wealth," Journal of Monetary Economics 40 (September 1997), 41-71.
    • (1997) Journal of Monetary Economics , vol.40 , pp. 41-71
    • Carroll, C.D.1    Samwick, A.2
  • 13
    • 0032365684 scopus 로고    scopus 로고
    • How Important is Precautionary Saving?
    • August
    • _ "How Important is Precautionary Saving?" Review of Economics and Statistics 80 (August 1998), 410-419.
    • (1998) Review of Economics and Statistics , vol.80 , pp. 410-419
  • 14
    • 0002481425 scopus 로고
    • Labor Market Dynamics and Unemployment: A Reconsideration
    • Clark, Kim B., and Lawrence H. Summers, "Labor Market Dynamics and Unemployment: A Reconsideration," Brookings Papers on Economic Activity 1 (1979), 13-60.
    • (1979) Brookings Papers on Economic Activity , vol.1 , pp. 13-60
    • Clark, K.B.1    Summers, L.H.2
  • 15
    • 0000147601 scopus 로고
    • Survey Estimates of Wealth: An Assessment of Quality
    • Robert E. Lipsey and Helen Stone Tice (Eds.) (Chicago: University of Chicago Press)
    • Curtin, Richard T., F. Thomas Juster, and James N. Morgan, "Survey Estimates of Wealth: An Assessment of Quality," in Robert E. Lipsey and Helen Stone Tice (Eds.), The Measurement of Saving, Investment, and Wealth (Chicago: University of Chicago Press, 1989).
    • (1989) The Measurement of Saving, Investment, and Wealth
    • Curtin, R.T.1    Juster, F.T.2    Morgan, J.N.3
  • 18
    • 85050784774 scopus 로고
    • How Prudent Are Consumers?
    • December
    • Dynan, Karen E., "How Prudent Are Consumers?" Journal of Political Economy 101 (December 1993), 1104-1113.
    • (1993) Journal of Political Economy , vol.101 , pp. 1104-1113
    • Dynan, K.E.1
  • 19
    • 0000268721 scopus 로고    scopus 로고
    • Unemployment Insurance and Precautionary Saving
    • June
    • Engen, Eric M., and Jonathan Gruber, "Unemployment Insurance and Precautionary Saving," Journal of Monetary Economics 47 (June 2001), 545-579.
    • (2001) Journal of Monetary Economics , vol.47 , pp. 545-579
    • Engen, E.M.1    Gruber, J.2
  • 21
    • 0036219398 scopus 로고    scopus 로고
    • Consumption over the Life Cycle
    • January
    • Gourinchas, Pierre-Olivier, and Jonathan A. Parker, "Consumption over the Life Cycle," Econometrica 70 (January 2002), 47-91.
    • (2002) Econometrica , vol.70 , pp. 47-91
    • Gourinchas, P.-O.1    Parker, J.A.2
  • 22
    • 0001322304 scopus 로고    scopus 로고
    • The Consumption Smoothing Benefits of Unemployment Insurance
    • March
    • Gruber, Jonathan, "The Consumption Smoothing Benefits of Unemployment Insurance," American Economic Review 87 (March 1997), 192-205.
    • (1997) American Economic Review , vol.87 , pp. 192-205
    • Gruber, J.1
  • 23
    • 0008106078 scopus 로고
    • Risk Sharing and Precautionary Saving
    • Albert Ando, Luigi Guiso, and Ignazio Visco (Eds.) (Cambridge, U.K.: Cambridge University Press)
    • Guiso, Luigi, and Tullio Jappelli, "Risk Sharing and Precautionary Saving" (pp. 246-270), in Albert Ando, Luigi Guiso, and Ignazio Visco (Eds.), Saving and the Accumulation of Wealth (Cambridge, U.K.: Cambridge University Press, 1994).
    • (1994) Saving and the Accumulation of Wealth , pp. 246-270
    • Guiso, L.1    Jappelli, T.2
  • 24
    • 38249007948 scopus 로고
    • Earnings Uncertainty and Precautionary Saving
    • November
    • Guiso, Luigi, Tullio Jappelli, and Daniele Terlizzese, "Earnings Uncertainty and Precautionary Saving," Journal of Monetary Economics 30 (November 1992), 307-337.
    • (1992) Journal of Monetary Economics , vol.30 , pp. 307-337
    • Guiso, L.1    Jappelli, T.2    Terlizzese, D.3
  • 25
    • 43949150550 scopus 로고
    • The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving
    • June
    • Hubbard, R. Glenn, Jonathan Skinner, and Stephen P. Zeldes, "The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving," Carnegie-Rochester Conference Series on Public Policy 40 (June 1994), 59-126.
    • (1994) Carnegie-Rochester Conference Series on Public Policy , vol.40 , pp. 59-126
    • Hubbard, R.G.1    Skinner, J.2    Zeldes, S.P.3
  • 26
    • 84937283253 scopus 로고
    • Precautionary Saving and Social Insurance
    • April
    • _ "Precautionary Saving and Social Insurance," Journal of Political Economy 103 (April 1995), 360-399.
    • (1995) Journal of Political Economy , vol.103 , pp. 360-399
  • 28
    • 0002541131 scopus 로고
    • Precautionary Saving in the Small and in the Large
    • January
    • Kimball, Miles S., "Precautionary Saving in the Small and in the Large," Econometrica 58 (January 1990), 53-73.
    • (1990) Econometrica , vol.58 , pp. 53-73
    • Kimball, M.S.1
  • 29
    • 0007129817 scopus 로고
    • A Test for the Presence of Precautionary Saving
    • December
    • Kuehlwein, Michael, "A Test for the Presence of Precautionary Saving," Economics Letters 37 (December 1991), 471-475.
    • (1991) Economics Letters , vol.37 , pp. 471-475
    • Kuehlwein, M.1
  • 30
    • 0038969032 scopus 로고    scopus 로고
    • Golden Eggs and Hyperbolic Discounting
    • May
    • Laibson, David I., "Golden Eggs and Hyperbolic Discounting," Quarterly Journal of Economics 112 (May 1997), 443-478.
    • (1997) Quarterly Journal of Economics , vol.112 , pp. 443-478
    • Laibson, D.I.1
  • 31
    • 0031578595 scopus 로고    scopus 로고
    • Precautionary Saving and Subjective Earnings Variance
    • December
    • Lusardi, Annamaria, "Precautionary Saving and Subjective Earnings Variance," Economic Letters 57 (December 1997), 319-326.
    • (1997) Economic Letters , vol.57 , pp. 319-326
    • Lusardi, A.1
  • 32
    • 0001119564 scopus 로고    scopus 로고
    • On the Importance of Precautionary Saving
    • May
    • _ "On the Importance of Precautionary Saving," American Economic Review 88 (May 1998), 448-453.
    • (1998) American Economic Review , vol.88 , pp. 448-453
  • 33
    • 21344476812 scopus 로고
    • Precautionary Saving: An Explanation for the Excess Sensitivity of Aggregate Consumption
    • April
    • Normandin, Michel, "Precautionary Saving: An Explanation for the Excess Sensitivity of Aggregate Consumption," Journal of Business and Economics Statistics 12 (April 1994), 205-219.
    • (1994) Journal of Business and Economics Statistics , vol.12 , pp. 205-219
    • Normandin, M.1
  • 34
    • 0039814345 scopus 로고    scopus 로고
    • Health Insurance and Precautionary Saving
    • March
    • Starr-McCluer, Martha, "Health Insurance and Precautionary Saving," American Economic Review 86 (March 1996), 285-295.
    • (1996) American Economic Review , vol.86 , pp. 285-295
    • Starr-McCluer, M.1
  • 36
    • 0012861611 scopus 로고
    • Dm11: Matching the Current Population Survey
    • Welch, Finis R., "dm11: Matching the Current Population Survey," Stata Technical Bulletin Reprints 2 (1993), 4-5.
    • (1993) Stata Technical Bulletin Reprints , vol.2 , pp. 4-5
    • Welch, F.R.1
  • 37
    • 2942757485 scopus 로고
    • Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence
    • May
    • Zeldes, Stephen P., "Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence," Quarterly Journal of Economics 104 (May 1989), 275-298.
    • (1989) Quarterly Journal of Economics , vol.104 , pp. 275-298
    • Zeldes, S.P.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.