The intertemporal allocation of consumption: theory and evidence

Credit Rationing in Markets with Imperfect Information.

1981 • 12,689 citations

Are Government Bonds Net Wealth?

1974 • 6,026 citations

Econometric policy evaluation: A critique

1976 • 5,457 citations

Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence

1978 • 3,343 citations

A Theory of the Consumption Function

1960 • 2,411 citations

Structural analysis of discrete data with econometric applications

1982 • 2,021 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1984 • 2,013 citations

Consumption and Liquidity Constraints: An Empirical Investigation

1989 • 1,944 citations

Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models

1982 • 1,846 citations

Econometric Modelling of the Aggregate Time-Series Relationship Between Consumers' Expenditure and Income in the United Kingdom

1978 • 1,632 citations

Saving and Liquidity Constraints

1991 • 1,535 citations

Intertemporal Substitution in Consumption

1988 • 1,533 citations

Panel data from time series of cross-sections

1985 • 1,407 citations

Understanding Consumption

1992 • 1,376 citations

Utility analysis and the consumption function: An interpretation of cross-section data

1954 • 1,342 citations

The Adjustment of Consumption to Changing Expectations About Future Income

1981 • 1,326 citations

Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data

2013 • 1,219 citations

NBER macroeconomics annual 1987

1989 • 969 citations

A Theory of the Consumption Function

1958 • 893 citations

The use of time series processes to model the error structure of earnings in a longitudinal data analysis

1982 • 887 citations

Saving, Growth, and Liquidity Constraints

1994 • 822 citations

Who is Credit Constrained in the U. S. Economy?

1990 • 820 citations

Labor supply of men: A survey

1987 • 810 citations

A Profitable Approach to Labor Supply and Commodity Demands over the Life-Cycle

1985 • 757 citations

The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households

1982 • 671 citations

The Phillips curve and labor markets

1976 • 634 citations

On the Covariance Structure of Earnings and Hours Changes

1989 • 623 citations

Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey

1995 • 571 citations

Consumption Growth, the Interest Rate and Aggregation

1993 • 563 citations

The Effects of Male and Female Labor Supply on Commodity Demands

1991 • 550 citations

Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis

1987 • 506 citations

Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence

1989 • 443 citations

The Role of Unemployment Insurance in an Economy with Liquidity Constraints and Moral Hazard

1992 • 429 citations

National Saving and Economic Performance

1991 • 401 citations

The Permanent Income Hypothesis: Estimation and Testing by Instrumental Variables

1982 • 394 citations

Liquidity constraints and the permanent-income hypothesis

1991 • 376 citations

Consumption and Capital Market Imperfections: An International Comparison

1989 • 366 citations

Identification and estimation of dynamic models with a time series of repeated cross-sections

1993 • 351 citations

Intertemporal Substitution in Macroeconomics

1985 • 341 citations

Life Cycle Consumption and Labor Supply: An Explanation of the Relationship Between Income and Consumption Over the Life Cycle

1974 • 320 citations

Consumption Growth Parallels Income Growth: Some New Evidence

1989 • 319 citations

Empirical approaches to the problem of aggregation over individuals

2011 • 315 citations

Asset Accumulation and Economic Activity

1982 • 311 citations

Liquidity Constraints, Fiscal Policy, and Consumption

1986 • 303 citations

Borrowing Constraints and Aggregate Economic Activity

1986 • 290 citations

On the Estimation of Panel-Data Models With Serial Correlation When Instruments Are Not Strictly Exogenous

1992 • 285 citations

Female Labour Supply and On-the-Job Search: An Empirical Model Estimated Using Complementary Data Sets

1992 • 277 citations

Testing the Response of Consumption to Income Changes with (Noisy) Panel Data

1987 • 266 citations

The Effect of Liquidity Constraints on Consumption: A Cross-Sectional Analysis

1985 • 261 citations

The UK Consumption Boom of the Late 1980s: Aggregate Implications of Microeconomic Evidence

1994 • 217 citations

A Simple Scheme for Estimating an Intertemporal Model of Labor Supply and Consumption in the Presence of Taxes and Uncertainty

1983 • 186 citations

Is the UK Balance of Payments Sustainable?

1990 • 162 citations

Tests for liquidity constraints: a critical survey and some new observations

2008 • 140 citations

The Optimum Lifetime Distribution of Consumption Expenditures: Reply

1969 • 132 citations

Habits, Rationality and Myopia in the Life Cycle Consumption Function

1988 • 127 citations

Housing markets, consumption and financial liberalisation in the major economies

1992 • 123 citations

The Estimation of "Surprise" Models and the "Surprise" Consumption Function

1986 • 117 citations

Liquidity Considerations in the Theory of Consumption

1978 • 105 citations

Habits, Rationality and Myopia in the Life Cycle Consumption Function

1988 • 93 citations

Wealth, liquidity and consumption

1972 • 84 citations

Consumer Sensitivity to Finance Rates: An Empirical and Analytical Investigation

1964 • 74 citations

Intertemporal Choice and Inequality

1993 • 66 citations

Buffer stock saving and the permanent income hypothesis

1991 • 63 citations

Imperfect Capital Markets and the Monetarist Black Box: Liquidity Constraints, Inflation and the Asymmetric Effects of Interest Rate Policy

1982 • 55 citations

Liquidity Constraints and Intertemporal Consumer Optimization: Theory and Evidence from Durable Goods

1995 • 49 citations

Asset accumulation and economic activity

1981 • 35 citations

The importance of precautionary motives in explaining individual and aggregate saving

1994 • 33 citations

Empirical tests of labor-market equilibrium: An evaluation

1988 • 16 citations

A Numerical Algorithm for Solving Models With Incomplete Markets

1993 • 16 citations

Consumption, leisure and earnings-related liquidity constraints

1988 • 16 citations

Earnings-Related Borrowing Restrictions : Empirical Evidence from a Pseudo Panel for the U.K.

1993 • 15 citations

Credit and British Consumers: Some Micro Evidence

1991 • 14 citations

Permanent income, current income and consumption: Evidence from panel data

1992 • 11 citations

Earnings-Related Borrowing Restrictions: Empirical Evidence from a Pseudo Panel for the U.K.

1993 • 11 citations

The Labor Force Participation Behavior of Married Women under Conditions of Constraints on Borrowing

1986 • 9 citations

Consumption Over the Life Cycle and Over the Business Cycle

1993 • 3 citations