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

DOI10.3982/ECTA7063MaRDI QIDQ3165262zbMATH OpenFDO

Authors Orazio P. Attanasio, Nicola Pavoni

Publication date 26 October 2012

Published in Econometrica (Search for Journal in Brave)

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)

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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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