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American Economic Review: Vol. 91 No. 2 (May 2001)

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The Empirical Importance of Precautionary Saving

Article Citation

Gourinchas, Pierre-Olivier, and Jonathan A. Parker. 2001. "The Empirical Importance of Precautionary Saving." American Economic Review, 91(2): 406-412.

DOI: 10.1257/aer.91.2.406

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Authors

Gourinchas, Pierre-Olivier (Princeton U, CEPR, and NBER)
Parker, Jonathan A. (Princeton U and NBER)

JEL Classifications

E21: Macroeconomics: Consumption; Saving; Wealth
D91: Intertemporal Consumer Choice; Life Cycle Models and Saving


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