Precautionary saving and partially observed income
Data up to Jan 2025
Total Citations Per Year
Abstract
References (50)
Optimum consumption and portfolio rules in a continuous-time model
1971 • 6,065 citations
Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence
1978 • 3,343 citations
Transform Analysis and Asset Pricing for Affine Jump-diffusions
2000 • 2,898 citations
Deterministic and Stochastic Optimal Control.
1976 • 2,757 citations
Uninsured Idiosyncratic Risk and Aggregate Saving
1994 • 2,672 citations
Some International Evidence on Output-Inflation Tradeoffs.
1973 • 2,466 citations
Statistics of Random Processes
2021 • 2,216 citations
Recursive Macroeconomic Theory
2000 • 1,834 citations
Consumption Over the Life Cycle
2002 • 1,811 citations
Precautionary Saving in the Small and in the Large
1990 • 1,670 citations
Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns
1983 • 1,611 citations
The monetary dynamics of hyperinflation
1956 • 1,603 citations
Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
1997 • 1,594 citations
Saving and Liquidity Constraints
1991 • 1,535 citations
Understanding Consumption
1992 • 1,376 citations
Saving and Uncertainty: The Precautionary Demand for Saving
1968 • 1,324 citations
A Theory of the Consumption Function
1958 • 1,257 citations
Statistics of Random Processes I
1977 • 1,012 citations
Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence
1989 • 925 citations
A Theory of the Consumption Function
1958 • 893 citations
Optimal Properties of Exponentially Weighted Forecasts
1960 • 888 citations
The use of time series processes to model the error structure of earnings in a longitudinal data analysis
1982 • 887 citations
Studies in the Quantity Theory of Money.
1957 • 865 citations
A Model of Intertemporal Asset Prices Under Asymmetric Information
1993 • 758 citations
Consumption and risk sharing over the life cycle
2004 • 680 citations
The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households
1982 • 671 citations
On the Covariance Structure of Earnings and Hours Changes
1989 • 623 citations
Consumption puzzles and precautionary savings
1990 • 578 citations
Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis
1987 • 506 citations
Learning about Predictability: The Effects of Parameter Uncertainty on Dynamic Asset Allocation
2001 • 475 citations
The Role of Learning in Dynamic Portfolio Decisions *
1998 • 433 citations
Optimal Portfolio Choice Under Incomplete Information
1986 • 425 citations
Asset Pricing in a Production Economy with Incomplete Information
1986 • 335 citations
Optimal Properties of Exponentially Weighted Forecasts
1960 • 272 citations
Equilibrium Interest Rates and Multiperiod Bonds in a Partially Observable Economy
1986 • 263 citations
Earnings Uncertainty and Aggregate Wealth Accumulation
1991 • 257 citations
Individual Income, Incomplete Information, and Aggregate Consumption
1995 • 211 citations
Permanent and Transitory Movements in Labor Income: An Explanation for "Excess Smoothness" in Consumption
1990 • 195 citations
Rational Expectations Econometrics
2019 • 154 citations
Optimal Portfolio Choice Under Incomplete Information
1986 • 108 citations
Asset Pricing in a Production Economy with Incomplete Information
1986 • 100 citations
Precautionary Saving and the Timing of Taxes
1989 • 91 citations
Caballero Meets Bewley: The Permanent-Income Hypothesis in General Equilibrium
2003 • 90 citations
Optimal consumption with stochastic income
1984 • 79 citations
Equilibrium Interest Rates and Multiperiod Bonds in a Partially Observable Economy
1986 • 74 citations
Learning Your Earning: Are Labor Income Shocks Really Very Persistent?
2006 • 71 citations
Information-Aggregation Bias
1992 • 70 citations
Savings and Uncertainty
1970 • 66 citations
Information-Aggregation Bias
1991 • 59 citations
Consumption and Conditionally Heteroskedastic Income
2003 • 5 citations