Risk sharing in private information models with asset accumulation: explaining the excess smoothness of consumption

DOI10.3982/ECTA7063zbMATH Open1259.91066MaRDI QIDQ3165262FDOQ3165262

Authors: Orazio P. Attanasio, Nicola Pavoni 

Publication date: 26 October 2012

Published in: Econometrica (Search for Journal in Brave)

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zbMATH Keywords

private informationconsumptioninsurancehidden savingsexcess smoothness

Mathematics Subject Classification ID

Statistical methods; risk measures (91G70) Special types of economic equilibria (91B52) Special types of economic markets (including Cournot, Bertrand) (91B54) Stochastic models in economics (91B70)

Cited In (5)

• Modeling movements in individual consumption: a time-series analysis of grouped data
• Consumption insurance with advance information
• Correlated income shocks and excess smoothness of consumption
• The econometrics of consumption risk sharing: a new perspective
• Incentives and Aggregate Shocks

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