메뉴 건너뛰기




Volumn 88, Issue 1, 2006, Pages 20-27

The decline in household saving and the wealth effect

Author keywords

[No Author keywords available]

Indexed keywords


EID: 32544451418     PISSN: 00346535     EISSN: 15309142     Source Type: Journal    
DOI: 10.1162/003465306775565800     Document Type: Article
Times cited : (93)

References (18)
  • 1
    • 0038969196 scopus 로고    scopus 로고
    • Buffer-stock saving and the life cycle/permanent income hypothesis
    • Carroll, Christopher D., "Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis,' Quarterly Journal of Economics 112:1 (1997), 1-55.
    • (1997) Quarterly Journal of Economics , vol.112 , Issue.1 , pp. 1-55
    • Carroll, C.D.1
  • 2
  • 4
    • 0013456515 scopus 로고    scopus 로고
    • The equity premium
    • Fama, Eugene, and Kenneth French, "The Equity Premium," Journal of Finance 58:2 (2002). 637-659.
    • (2002) Journal of Finance , vol.58 , Issue.2 , pp. 637-659
    • Fama, E.1    French, K.2
  • 6
    • 0001969053 scopus 로고
    • Asset pricing and optimal portfolio choice in the presence of illiquid durable consumption goods
    • Grossman, Sanford J., and Guy Laroque, "Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods," Econometrica 58 (1990), 25-51.
    • (1990) Econometrica , vol.58 , pp. 25-51
    • Grossman, S.J.1    Laroque, G.2
  • 7
    • 0011510659 scopus 로고
    • The impact of demographics on housing and non-housing wealth in the United States
    • Hoynes, Hilary, and Daniel McFadden, "The Impact of Demographics on Housing and Non-housing Wealth in the United States," NBER working paper no. 4666 (1994).
    • (1994) NBER Working Paper No. 4666 , vol.4666
    • Hoynes, H.1    McFadden, D.2
  • 8
    • 0003157339 scopus 로고
    • Robust estimation of a location of parameter
    • Huber, Peter J., "Robust Estimation of a Location of Parameter," Annals of Mathematical Statistics 35:1 (1964), 73-101.
    • (1964) Annals of Mathematical Statistics , vol.35 , Issue.1 , pp. 73-101
    • Huber, P.J.1
  • 9
    • 0031315249 scopus 로고    scopus 로고
    • Improving the quality of economic data: Lessons from HRS and AHEAD
    • Juster, F. Thomas, and James P. Smith, "Improving the Quality of Economic Data: Lessons from HRS and AHEAD," Journal of the American Statistical Association 92:440 (1997), 1268-1278.
    • (1997) Journal of the American Statistical Association , vol.92 , Issue.440 , pp. 1268-1278
    • Thomas, J.F.1    Smith, J.P.2
  • 10
    • 2442701486 scopus 로고    scopus 로고
    • Understanding trend and cycle in asset values: Reevaluating the wealth effect on consumption
    • Lettau, Martin, and Sydney C. Ludvigson, "Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption," American Economic Review 94:1 (2004), 276-299.
    • (2004) American Economic Review , vol.94 , Issue.1 , pp. 276-299
    • Lettau, M.1    Ludvigson, S.C.2
  • 11
    • 0002874783 scopus 로고
    • The consumption of stockholders and nonstockholders
    • Mankiw, N. Gregory, and Stephen F. Zeldes, "The Consumption of Stockholders and Nonstockholders," Journal of Financial Economics 29 (1991), 97-112.
    • (1991) Journal of Financial Economics , vol.29 , pp. 97-112
    • Gregory, M.N.1    Zeldes, S.F.2
  • 12
    • 0041724275 scopus 로고    scopus 로고
    • Spendthrift in America? on Two decades of decline in the U.S. saving rate
    • Parker, Jonathan A., "Spendthrift in America? On Two Decades of Decline in the U.S. Saving Rate," NBER working paper no. 7238 (1999).
    • (1999) NBER Working Paper No. 7238 , vol.7238
    • Parker, J.A.1
  • 13
    • 0040692059 scopus 로고
    • Capital gains and personal saving behavior
    • Peek, Joe, "Capital Gains and Personal Saving Behavior," Journal of Money, Credit and Banking 15:1 (1983), 1-23.
    • (1983) Journal of Money, Credit and Banking , vol.15 , Issue.1 , pp. 1-23
    • Peek, J.1
  • 14
    • 0001960232 scopus 로고    scopus 로고
    • Stock market wealth and consumption
    • Poterba, James M., "Stock Market Wealth and Consumption," Journal of Economic Perspectives 14:2 (2000), 99-118.
    • (2000) Journal of Economic Perspectives , vol.14 , Issue.2 , pp. 99-118
    • Poterba, J.M.1
  • 15
    • 0039719454 scopus 로고
    • Stock ownership patterns, stock market fluctuations, and consumption
    • Poterba, James M., and Andrew A. Samwick, "Stock Ownership Patterns, Stock Market Fluctuations, and Consumption," Brookings Papers on Economic Activity 2 (1995), 295-372.
    • (1995) Brookings Papers on Economic Activity , vol.2 , pp. 295-372
    • Poterba, J.M.1    Samwick, A.A.2
  • 16
    • 84977427532 scopus 로고
    • The behavioral life-cycle hypothesis
    • Shefrin, Hersh M., and Richard Thaler, 'The Behavioral Life-Cycle Hypothesis," Economic Inquiry 26:4 (1988), 169-177.
    • (1988) Economic Inquiry , vol.26 , Issue.4 , pp. 169-177
    • Shefrin, H.M.1    Thaler, R.2
  • 17
    • 0024783296 scopus 로고
    • Housing wealth and aggregate saving
    • Skinner, Jonathan, "Housing Wealth and Aggregate Saving," Regional Science and Urban Economics 19:2 (1989), 213-216.
    • (1989) Regional Science and Urban Economics , vol.19 , Issue.2 , pp. 213-216
    • Skinner, J.1
  • 18
    • 11844261101 scopus 로고    scopus 로고
    • Lifetime income, saving choices and wealth at retirement
    • James P. Smith and Robert J. Willis (Eds.), (Ann Arbor, Ml: University of Michigan Press)
    • Venti, Steven F., and David A. Wise, "Lifetime Income, Saving Choices and Wealth at Retirement," in James P. Smith and Robert J. Willis (Eds.), Wealth, Work and Health: Innovations in the Social Sciences (Ann Arbor, Ml: University of Michigan Press, 1999).
    • (1999) Wealth, Work and Health: Innovations in the Social Sciences
    • Venti, S.F.1    Wise, D.A.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.