Lifecycle consumption under different income profiles: evidence and theory

DOI10.1016/J.JEDC.2019.05.006zbMATH Open1418.91282OpenAlexW2944886553WikidataQ127843153 ScholiaQ127843153MaRDI QIDQ2002662FDOQ2002662

Yue Li, John Duffy

Publication date: 12 July 2019

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2019.05.006

zbMATH Keywords

lifecycle modelpublic pensionsretirement planningrational inattentionconsumption and savingsbehavioral and experimental economics

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Experimental studies (91A90)

Cites Work

• Golden Eggs and Hyperbolic Discounting
• An experimental analysis of intertemporal allocation behavior
• Rational inattention and the dynamics of consumption and wealth in general equilibrium
• Learning Ricardian equivalence

Cited In (5)

• Overreaction to capital taxation in saving decisions
• Temptation and forward-guidance
• Life-cycle consumption and life insurance: empirical evidence from Italian survey
• Transitory consumption, durability and different approaches to test the life cycle model
• Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis

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