Precautionary saving and the marginal propensity to consume out of permanent income

Journal of Monetary Economics

Volumn 56, Issue 6, 2009, Pages 780-790

  Carroll, Christopher D ^a,b  

^a JOHNS HOPKINS UNIVERSITY   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

Buffer stock saving; Consumption; Permanent income hypothesis; Precautionary saving; Risk; Uncertainty

Indexed keywords

EID: 70349128536     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmoneco.2009.06.016     Document Type: Article

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