NBER Working Papers by Christopher D. Carroll

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

Working Papers

August 2009A Tractable Model of Buffer Stock Saving
with Patrick Toche: w15265
A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds
with Olivier Jeanne: w15228
March 2008International Evidence on Sticky Consumption Growth
with Jiri Slacalek, Martin Sommer: w13876

Published: Christopher D. Carroll & Jiri Slacalek & Martin Sommer, 2011. "International Evidence on Sticky Consumption Growth," The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1135-1145, 06. citation courtesy of

December 2006How Large Is the Housing Wealth Effect? A New Approach
with Misuzu Otsuka, Jirka Slacalek: w12746
June 2005The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems
November 2004Theoretical Foundations of Buffer Stock Saving
December 2001The Epidemiology of Macroeconomic Expectations
October 2001Liquidity Constraints and Precautionary Saving
with Miles S. Kimball: w8496
July 2001A Theory of the Consumption Function, With and Without Liquidity Constraints (Expanded Version)


April 2001Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income


Individual Learning About Consumption
with Todd W. Allen: w8234

Published: Allen, Todd W. & Carroll, Christopher D., 2001. "Individual Learning About Consumption," Macroeconomic Dynamics, Cambridge University Press, vol. 5(02), pages 255-271, April. citation courtesy of

August 2000Portfolios of the Rich

Published: Guiso, Luigi, Michael Haliassos, and Tullio Jappelli (eds.) Household portfolios. Cambridge and London: MIT Press, 2002.

'Risky Habits' and the Marginal Propensity to Consume Out of Permanent Income, or, How Much Would a Permanent Tax Cut Boost Japanese Consumption?

Published: Carroll, Christopher D. "Risks Habits' And The Marginal Propensity To Consume Out Of Permanent Income, Or, How Much Would A Permanent Tax Cut Boost Japanese Consumption?," International Economic Journal, 2000, v14(4,Winter), 1-40.

May 1998Why Do the Rich Save So Much?

Published: Slemrod, J. (ed.) Does Atlas Shrug? The Economic Consequences of Taxing the Rich. Cambridge: Harvard University Press, 2002.

Does Cultural Origin Affect Saving Behavior? Evidence from Immigrants
with Byung-Kun Rhee, Changyong Rhee: w6568

Published: Economic Development and Cultural Change, Vol. 48, no. 1 (1999): 33-50. citation courtesy of

December 1997Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation)

Published: Advances in Macroeconomics, (B.E. Journal of Macroeconomics), November 2001, Vol. 1, no. 1, Article 6 citation courtesy of

August 1997Comparison Utility in a Growth Model
with Jody Overland, David N. Weil: w6138


  • Journal of Economic Growth, Vol. 2, no. 4 (December 1997): 339-367. citation courtesy of
  • Christopher D. Carroll & Jody Overland & David N. Weil, 2000. "Mathematica code for 'Saving and Growth with Habit Formation' and 'Comparison Utility in a Growth Model'," QM&RBC Codes 43, Quantitative Macroeconomics & Real Business Cycles.

July 1997Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets
with Wendy E. Dunn: w6081


October 1996Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis

Published: Quarterly Journal of Economics, Vol. 107, no. 1 (February 1997): 1-56. citation courtesy of

July 1995The Nature of Precautionary Wealth
with Andrew A. Samwick: w5193

Published: Journal of Monetary Economics, Vol. 40, no. 1 (September 1997): 41-72. citation courtesy of

How Important is Precautionary Saving?
with Andrew A. Samwick: w5194

Published: Review of Economics and Statistics, Vol. 80, no. 3 (1998): 410-419. citation courtesy of

September 1993Saving and Growth: A Reinterpretation
with David N. Weil: w4470

Published: Carnegie-Rochester Conference Series on Public Policy, Vol. 40, June 1994,pp. 133-192 citation courtesy of

September 1989Consumption Growth Parallels Income Growth: Some New Evidence
with Lawrence H. Summers: w3090


July 1987Why Have Private Saving Rates in the United States and Canada Diverged?
with Lawrence H. Summers: w2319

Published: Journal of Monetary Economics, Vol. 20, No. 2, pp. 249-279, (September 1987). citation courtesy of

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

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