CONSUMPTION AND SAVING OVER THE LIFE CYCLE: HOW IMPORTANT ARE CONSUMER DURABLES?

By Jesús Fernández-Villaverde, Dirk Krueger. Macroeconomic Dynamics, 2011

304 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, General Health Professions

View Paper: https://www.semanticscholar.org/paper/0988956f758204f7bf6ecce073a578a2a9502231

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Greg Kaplan
2. Giovanni L. Violante
3. Florin O. Bilbiie
4. Daniel L. Greenwald
5. Jonathan A. Parker

In Economics and Econometrics

1. Greg Kaplan
2. Giovanni L. Violante
3. Florin O. Bilbiie
4. Adrien Auclert
5. Daniel L. Greenwald
6. Jonathan A. Parker

In General Health Professions

1. Greg Kaplan

Citations in the corpus

• The Spending and Debt Response to Minimum Wage Hikes (2012, unknown): “[21] Fernandez-Villaverde, Jesus and Dirk Krueger, 2011, “Consumption and Saving over the Life Cycle: How Important are Consumer Durables?”, Journal of Macroeconomics, forthcoming.”
• Families in Macroeconomics (2016, unknown): “Depending on future population growth, these effects on the ac See, for example, Fernández-Villaverde and Krueger (2007) and Fernández-Villaverde and Krueger (2011). savings rate can be large, although they generally occur too slowly to explain much of the rapid decline in the savings rate in…”
• Consumption and labor supply with partial insurance: An analytical framework (2014, unknown): “cov ( ∆ log ĥt, ∆ log ĉt ) = (1 − γ) (1 + σ) (σ + γ)(2) vωt (29)”
• Moving Back Home: Insurance against Labor Market Risk (2012, background): “…Blundell et al. 2008; Kaplan and Violante 2010); (v) the literature that studies the effects of “real-world” channels on consumption, which includes Fernandez-Villaverde and Krueger (2002) (durable consumption goods), Low (2005) and Kaplan (2011) (variable labor supply), and Livshits, MacGee,…”
• Housing, Finance and the Macroeconomy (2014, unknown): “Fisher and Gervais (2011) set ρ1 = 1 and ρ2 = 2 to ensure that expenditures on housing rise with the price of housing. (31)The widely cited paper for this estimate is Gruber and Martin (2003). Some authors calibrate ζ to capture both monetary and non-pecuniary moving costs.”