Risk Sharing in Private Information Models with Asset Accumulation: Explaining the Excess Smoothness of Consumption

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The Liquid Hand-to-Mouth: Evidence from Personal Finance Management Software (2018, background): “Additionally, Tutoni (2010) assumes that consumers are rationally inattentive, and Attanasio and Pavoni (2011) show that excessively smooth consumption results from incomplete consumption insurance due to a moral hazard problem.”
How Much Consumption Insurance beyond Self-Insurance? (2010, unknown): “transitory shocks. Krueger & Perri (2005), Attanasio & Pavoni (2007) ,Krueger & Perri”
The Consumption Response to Income Changes (2009, background): “…solved with better data or the specification of an income process that acknowledges the possibility of advance information) and insurance (which may require a better modeling of the sources of consumption smoothing available to consumers over and above own savings, see Attanasio and Pavoni, 2007).”