Precautionary Saving and the Timing of Taxes

Optimum consumption and portfolio rules in a continuous-time model

1971 • 6,065 citations

Are Government Bonds Net Wealth?

1974 • 6,026 citations

Saving and Uncertainty: The Precautionary Demand for Saving

1968 • 1,324 citations

The Effect of Uncertainty on Saving Decisions

1970 • 910 citations

Redistributive taxation as social insurance

1980 • 610 citations

Consumption decisions under uncertainty

1972 • 593 citations

Dynamic optimization: The calculus of variations and optimal control in economics and management

1982 • 471 citations

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

1979 • 455 citations

Liquidity Constraints, Fiscal Policy, and Consumption

1986 • 303 citations

Borrowing Constraints and Aggregate Economic Activity

1986 • 290 citations

Taxation, Human Capital, and Uncertainty

1979 • 134 citations

Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

1980 • 109 citations

Uncertainty and the neutrality of government financing policy

1983 • 101 citations

Finite Lifetimes and the Effects of Budget Deficits on National Saving

1996 • 10 citations