Consumption and Saving : Models of Intertemporal Allocation and Their Implications for Public Policy

This paper provides a critical survey of the large literature on the life cycle model of consumption, both from an empirical and a theoretical point of view. It discusses several approaches that have been taken in the literature to bring the model to the data, their empirical successes and failures. Finally, the paper reviews a number of changes to the standard life cycle model that could help solve the remaining empirical puzzles

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Year of publication:	2010
Authors:	Attanasio, Orazio P.
Other Persons:	Weber, Guglielmo (contributor)
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Sparen \| Savings \| Theorie \| Theory \| Intertemporale Allokation \| Intertemporal allocation \| Wirtschaftspolitik \| Economic policy \| Lebenseinkommen \| Lifetime income

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Extent:	1 Online-Ressource (87 p)
Series:	NBER Working Paper ; No. w15756
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 2010 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013147458