Uncertainty and Consumer Durables Adjustment

DOI10.1111/0034-6527.00358MaRDI QIDQ3371160zbMATH OpenOpenAlexFDO

Authors Giuseppe Bertola, Luigi Guiso, Luigi Pistaferri

Publication date 21 February 2006

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/0034-6527.00358

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Economic growth models (91B62) Stochastic models in economics (91B70)

Recommendations

• Consumption dynamics during recessions
• Adaptive consumption behavior
• Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
• The effects of uncertainty on optimal consumption
• Durable goods and the forward-looking theory of consumption: estimates implied by the dynamic effects of money

Cited in

(9)

• Consumer durables and inertial behaviour: Estimation and aggregation of \((S,s)\) rules for automobile purchases
• The Timing of Purchases and Aggregate Fluctuations
• Consumption Inequality and Income Uncertainty
• Aggregate consumption spending, the stock market and asymmetric error correction
• Consumption dynamics during recessions
• Uncertainty about future income: initial beliefs and resolution during college
• Consumption tax cuts in a recession
• Sectoral Uncertainty: A Hierarchical-Volatility Approach
• Optimal investment with lumpy costs

This page was built for publication: Uncertainty and Consumer Durables Adjustment

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3371160)