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Abstract

References (28)

Sample Selection Bias as a Specification Error

1979 • 27,564 citations

Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods

1971 • 2,326 citations

Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods

1971 • 1,752 citations

Precautionary Saving in the Small and in the Large

1990 • 1,670 citations

Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods

1990 • 505 citations

How Prudent are Consumers?

1993 • 388 citations

Adjustment of Consumers' Durables Stocks: Evidence from Automobile Purchases

1994 • 276 citations

Kinked Adjustment Costs and Aggregate Dynamics

1990 • 229 citations

Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies

2000 • 227 citations

An Empirical Analysis of Earnings and Employment Risk

2002 • 197 citations

Estimating Euler equations

2003 • 168 citations

Risk Pooling, Precautionary Saving and Consumption Growth

2001 • 162 citations

Intertemporal Nonseparability or Borrowing Restrictions? A Disaggregate Analysis using a U.S. Consumption Panel

1996 • 150 citations

Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation)

2001 • 149 citations

Consumer Durables and Inertial Behaviour: Estimation and Aggregation of (S, s) Rules for Automobile Purchases

2000 • 117 citations

Using subjective income expectations to test for excess sensitivity of consumption to predicted income growth

2000 • 106 citations

Durable Goods: An Explanation for Their Slow Adjustment

1993 • 97 citations

Consumer Durables: Evidence on the Optimality of Usually Doing Nothing

1992 • 85 citations

Review of Economic Dynamics

2012 • 83 citations

The Common Structure of Tests for Selectivity Bias, Serial Correlation, Heteroscedasticity and Non-Normality in the Tobit Model

1985 • 74 citations

Permanent Income, Liquidity, and Adjustments of Automobile Stocks: Evidence from Panel Data

1991 • 41 citations

Testing the (S, s) Model

2000 • 41 citations

Consumption, Durable Goods, and Transaction Costs

2003 • 37 citations

Uncertainty and the Timing of Automobile Purchases

2001 • 33 citations

Intertemporal Non-Separability or Borrowing Restrictions? : A Disaggregate Analysis Using the US Cex Panel

1993 • 13 citations

Consumption, Durable Goods, and Transaction Costs

2003 • 13 citations

Durable Goods and Intertemporal Choices: A Survey

2000 • 5 citations

Deleted Work

1955 • 0 citations

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