Does Buffer-Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption?
American Economic Review
vol. 91,
no. 3, June 2001
(pp. 631-647)
Citation
Ludvigson, Sydney, C., and Alexander Michaelides. 2001. "Does Buffer-Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption?" American Economic Review, 91 (3): 631-647. DOI: 10.1257/aer.91.3.631JEL Classification
- E21 Macroeconomics: Consumption; Saving; Wealth
- D15 Intertemporal Consumer Choice; Life Cycle Models and Saving