The Wealthy Hand-to-Mouth

By Greg Kaplan, Giovanni L. Violante, Justin Weidner. 2014

592 citations recorded by the source corpus.

Subfields: Accounting, Demography, Gender Studies

View Paper: https://www.semanticscholar.org/paper/a1ba5131ddaec021e3eb544b0ce886863ef2e584

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. Arna Olafsson
2. Veronica Guerrieri
3. Joseph Vavra
4. Thomas Philippon
5. Michaela Pagel
6. Guido Lorenzoni
7. Philippe Martin
8. David Berger

In Demography

1. Veronica Guerrieri
2. Joseph Vavra
3. Thomas Philippon
4. Michaela Pagel
5. Guido Lorenzoni
6. Philippe Martin
7. David Berger

In Gender Studies

1. Veronica Guerrieri
2. Thomas Philippon
3. Arna Olafsson
4. Michaela Pagel
5. Guido Lorenzoni
6. Philippe Martin

Citations in the corpus

• MPC Heterogeneity and Household Balance Sheets (2016, unknown): “By implication, there may in principle exist households who are wealthy, yet behave in a hand-to-mouth fashion by letting consumption track swings in disposable income, as emphasized in the structural model of Kaplan, Violante, and Weidner (2014).”
• Monetary Policy According to HANK (2018, unknown): “These targets are similar to estimates in Kaplan et al. (2014).”
• House Prices and Consumer Spending (2015, methodology): “Since we use almost the same underlying sample as Kaplan et al. (2014), our description of the PSID closely mirrors theirs.”
• Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism (2019, unknown): “tion between adjustable and fixed rate mortgages implies a small difference in the consumption responses to a temporary monetary policy shock (as we consider here) but a large difference to a very persistent monetary shock (as considered in empirical work by Keys et al. (2015) and Di Maggio et al.”
• Fiscal multipliers in the 21st century (2016, unknown): “Kaplan, Violante, and Weidner (2014), using micro26 data from several countries, then argue that the percentage of financially constrained agents can be27 4It should be noted that when we analyze the role of progressivity in our fiscal experiments we change the progressivity of the tax system in…”
• How Do Expectations about the Macroeconomy Affect Personal Expectations and Behavior? (2020, unknown): “viduals, whose consumption behavior should be closer to hand-to-mouth behavior (Kaplan et al., 2014).”
• The Liquid Hand-to-Mouth: Evidence from Personal Finance Management Software (2018, background): “In the presence of illiquid savings, many households consume hand-to-mouth because they hold little or no liquid wealth (Kaplan et al., 2014; Kaplan and Violante, 2014b; Laibson et al., 2015).”