메뉴 건너뛰기




Volumn 31, Issue 3, 2009, Pages 394-408

Wealth and the capitalist spirit

Author keywords

Capitalist spirit; Life cycle; Wealth inequality

Indexed keywords


EID: 67849124758     PISSN: 01640704     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmacro.2008.10.007     Document Type: Article
Times cited : (33)

References (50)
  • 2
    • 4344570778 scopus 로고    scopus 로고
    • Luxury goods and the equity premium
    • Ait-Sahalia Y., Parker J., and Yogo M. Luxury goods and the equity premium. Journal of Finance 59 6 (2004) 2959-3004
    • (2004) Journal of Finance , vol.59 , Issue.6 , pp. 2959-3004
    • Ait-Sahalia, Y.1    Parker, J.2    Yogo, M.3
  • 3
    • 21844504524 scopus 로고
    • Uninsured idiosyncratic risk and aggregate saving
    • Aiyagari S. Uninsured idiosyncratic risk and aggregate saving. Quarterly Journal of Economics 109 (1994) 659-684
    • (1994) Quarterly Journal of Economics , vol.109 , pp. 659-684
    • Aiyagari, S.1
  • 4
    • 0029799404 scopus 로고    scopus 로고
    • The spirit of capitalism and stock market prices
    • Bakshi G., and Chen Z. The spirit of capitalism and stock market prices. American Economic Review 86 (1996) 133-157
    • (1996) American Economic Review , vol.86 , pp. 133-157
    • Bakshi, G.1    Chen, Z.2
  • 7
    • 0042265052 scopus 로고    scopus 로고
    • Wealth accumulation over the life cycle and precautionary saving
    • Cagetti M. Wealth accumulation over the life cycle and precautionary saving. Journal of Business and Economic Statistics 21 (2003) 339-353
    • (2003) Journal of Business and Economic Statistics , vol.21 , pp. 339-353
    • Cagetti, M.1
  • 9
    • 0039921869 scopus 로고
    • The buffer stock theory of saving: Some macroeconomic evidence
    • Carroll C. 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.1
  • 10
    • 0038969196 scopus 로고    scopus 로고
    • Buffer stock saving and the life cycle/permanent income hypothesis
    • Carroll C. Buffer stock saving and the life cycle/permanent income hypothesis. The Quarterly Journal of Economics 112 1 (1997) 1-56
    • (1997) The Quarterly Journal of Economics , vol.112 , Issue.1 , pp. 1-56
    • Carroll, C.1
  • 11
    • 0003810778 scopus 로고    scopus 로고
    • Why do the rich save so much?
    • Does Atlas Shrug?. Slemrod J.B. (Ed), Harvard University Press, Cambridge
    • Carroll C. Why do the rich save so much?. In: Slemrod J.B. (Ed). Does Atlas Shrug?. The Economic Consequences of Taxing the Rich (2000), Harvard University Press, Cambridge
    • (2000) The Economic Consequences of Taxing the Rich
    • Carroll, C.1
  • 12
    • 0040154980 scopus 로고    scopus 로고
    • A theory of the consumption function, with and without liquidity constraints
    • Carroll C. A theory of the consumption function, with and without liquidity constraints. Journal of Economic Perspectives 15 3 (2001)
    • (2001) Journal of Economic Perspectives , vol.15 , Issue.3
    • Carroll, C.1
  • 14
    • 0030370039 scopus 로고    scopus 로고
    • On the concavity of the consumption function
    • Carroll C., and Kimball M. On the concavity of the consumption function. Econometrica 64 (1996) 981-992
    • (1996) Econometrica , vol.64 , pp. 981-992
    • Carroll, C.1    Kimball, M.2
  • 19
    • 3843141811 scopus 로고    scopus 로고
    • Wealth and intergenerational links
    • De Nardi M. Wealth and intergenerational links. Review of Economic Studies 71 (2004) 743-768
    • (2004) Review of Economic Studies , vol.71 , pp. 743-768
    • De Nardi, M.1
  • 20
    • 0001517908 scopus 로고
    • Saving and liquidity constraints
    • Deaton A. Saving and liquidity constraints. Econometrica 59 (1991) 1221-1248
    • (1991) Econometrica , vol.59 , pp. 1221-1248
    • Deaton, A.1
  • 26
    • 0034288105 scopus 로고    scopus 로고
    • Capital accumulation in an economy with dynasties and uncertain lifetimes
    • Fuster L. Capital accumulation in an economy with dynasties and uncertain lifetimes. Review of Economic Dynamics 3 (2000) 650-674
    • (2000) Review of Economic Dynamics , vol.3 , pp. 650-674
    • Fuster, L.1
  • 27
    • 84963094397 scopus 로고
    • A note on: A constant utility index of the cost of living
    • Geary R. A note on: A constant utility index of the cost of living. Review of Economic Studies 18 (1949-1950) 65-66
    • (1949) Review of Economic Studies , vol.18 , pp. 65-66
    • Geary, R.1
  • 28
    • 0036219398 scopus 로고    scopus 로고
    • Consumption over the life cycle
    • Gourinchas P., and Parker J. Consumption over the life cycle. Econometrica 70 1 (2002) 47-89
    • (2002) Econometrica , vol.70 , Issue.1 , pp. 47-89
    • Gourinchas, P.1    Parker, J.2
  • 32
    • 0030511150 scopus 로고    scopus 로고
    • Wealth distribution in life cycle economies
    • Huggett M. Wealth distribution in life cycle economies. Journal of Monetary Economics 38 (1996) 469-494
    • (1996) Journal of Monetary Economics , vol.38 , pp. 469-494
    • Huggett, M.1
  • 33
    • 0001878580 scopus 로고    scopus 로고
    • Understanding why high income households save more than low income households
    • Huggett M., and Ventura G. Understanding why high income households save more than low income households. Journal of Monetary Economics 45 (2000) 361-397
    • (2000) Journal of Monetary Economics , vol.45 , pp. 361-397
    • Huggett, M.1    Ventura, G.2
  • 36
    • 67849120575 scopus 로고    scopus 로고
    • Kennickell, A., 2003. A Rolling Tide: Changes in the Distribution of Wealth in the U.S. 1989-2001. Survey of Consumer Finances, Working Paper.
    • Kennickell, A., 2003. A Rolling Tide: Changes in the Distribution of Wealth in the U.S. 1989-2001. Survey of Consumer Finances, Working Paper.
  • 37
    • 33748930353 scopus 로고    scopus 로고
    • Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004
    • Federal Reserve Board
    • Kennickell, A. 2006. Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004. Finance and Economics Discussion Series, Federal Reserve Board, 13.
    • (2006) Finance and Economics Discussion Series , pp. 13
    • Kennickell, A.1
  • 38
    • 0000100854 scopus 로고
    • The role of intergenerational transfers in aggregate capital formation
    • Kotlikoff L., and Summers L. The role of intergenerational transfers in aggregate capital formation. Journal of Political Economy 89 (1981) 706-732
    • (1981) Journal of Political Economy , vol.89 , pp. 706-732
    • Kotlikoff, L.1    Summers, L.2
  • 39
    • 0000561730 scopus 로고
    • Optimal economic growth and wealth effects
    • Kurz M. Optimal economic growth and wealth effects. International Economic Review 9 (1968) 348-357
    • (1968) International Economic Review , vol.9 , pp. 348-357
    • Kurz, M.1
  • 42
    • 0000676067 scopus 로고
    • Income distribution, lifetime savings, and bequests
    • Menchik P., and David M. Income distribution, lifetime savings, and bequests. American Economic Review 73 (1983) 672-690
    • (1983) American Economic Review , vol.73 , pp. 672-690
    • Menchik, P.1    David, M.2
  • 43
    • 0001885879 scopus 로고    scopus 로고
    • The importance of entrepreneurship for wealth concentration
    • Quadrini V. The importance of entrepreneurship for wealth concentration. The Review of Income and Wealth 45 1 (1999) 1-19
    • (1999) The Review of Income and Wealth , vol.45 , Issue.1 , pp. 1-19
    • Quadrini, V.1
  • 45
    • 0003587413 scopus 로고
    • Modern Library, New York, NY 1930 edition
    • Smith A. The Wealth of Nations (1776), Modern Library, New York, NY 1930 edition
    • (1776) The Wealth of Nations
    • Smith, A.1
  • 46
    • 0033456497 scopus 로고    scopus 로고
    • Risk, the spirit of capitalism and growth: The implications of a preference for capital
    • Smith W. Risk, the spirit of capitalism and growth: The implications of a preference for capital. Journal of Macroeconomics 21 (1999) 241-262
    • (1999) Journal of Macroeconomics , vol.21 , pp. 241-262
    • Smith, W.1
  • 47
    • 0000170569 scopus 로고
    • Linear expenditure systems and demand analysis: An application to the pattern of British demand
    • Stone J. Linear expenditure systems and demand analysis: An application to the pattern of British demand. Economic Journal 64 (1954) 511-527
    • (1954) Economic Journal , vol.64 , pp. 511-527
    • Stone, J.1
  • 49
    • 0000769613 scopus 로고
    • The spirit of capitalism and long run growth
    • Zou H. The spirit of capitalism and long run growth. European Journal of Political Economy 10 (1994) 279-293
    • (1994) European Journal of Political Economy , vol.10 , pp. 279-293
    • Zou, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.