NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Microeconomics: Intertemporal Choice


2014
w19976 Garance Genicot
Debraj Ray

Aspirations and Inequality

w19902 Alan L. Gustman
Thomas L. Steinmeier

The Role of Health in Retirement

w19863 Dean Karlan
Leigh L. Linden

Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda


2013
w19732 Hugh H. Kim
Raimond Maurer
Olivia S. Mitchell

Time is Money: Life Cycle Rational Inertia and Delegation of Investment Management

w19696 Dean Karlan
Adam Osman
Jonathan Zinman

Follow the Money: Methods for Identifying Consumption and Investment Responses to a Liquidity Shock

w19688 Charles Y. Horioka
Akiko Terada-Hagiwara

Corporate Cash Holding in Asia

w19630 Nancy L. Stokey
Wait-and-See: Investment Options under Policy Uncertainty

w19492 Pablo D. Fajgelbaum
Labor Market Frictions, Firm Growth, and International Trade

w19475 Scott R. Baker
Nicholas Bloom

Does Uncertainty Reduce Growth? Using Disasters as Natural Experiments

w19376 Kyle Handley
Nuno Limão

Policy Uncertainty, Trade and Welfare: Theory and Evidence for China and the U.S.

w19224 Richard G. Newell
Juha V. Siikamäki

Nudging Energy Efficiency Behavior: The Role of Information Labels

w19217 Gian Luca Clementi
Berardino Palazzo

Entry, Exit, Firm Dynamics, and Aggregate Fluctuations

w19206 Vanya Horneff
Raimond Maurer
Olivia S. Mitchell
Ralph Rogalla

Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection

w19193 John Beshears
James J. Choi
David Laibson
Brigitte C. Madrian

Who Uses the Roth 401(k), and How Do They Use It?

w19117 Nicola Gennaioli
Andrei Shleifer
Robert W. Vishny

Finance and the Preservation of Wealth

w19071 Alan L. Gustman
Thomas L. Steinmeier

Effects of Social Security Policies on Benefit Claiming, Retirement and Saving

w18999 Geoffrey Heal
Antony Millner

Discounting under Disagreement

w18969 Annamaria Lusardi
Carlo de Bassa Scheresberg

Financial Literacy and High-Cost Borrowing in the United States

w18952 Annamaria Lusardi
Olivia S. Mitchell

The Economic Importance of Financial Literacy: Theory and Evidence

w18755 Jeffrey R. Brown
Zoran Ivković
Scott Weisbenner

Empirical Determinants of Intertemporal Choice

w18742 B. Douglas Bernheim
Debraj Ray
Sevin Yeltekin

Poverty and Self-Control

w18669 Annamaria Lusardi
Pierre-Carl Michaud
Olivia S. Mitchell

Optimal Financial Knowledge and Wealth Inequality


2012
w18641 Ned Augenblick
Jesse M. Cunha
Ernesto Dal Bó
Justin M. Rao

The Economics of Faith: Using an Apocalyptic Prophecy to Elicit Religious Beliefs in the Field

w18629 Jeffrey D. Sachs
Laurence J. Kotlikoff

Smart Machines and Long-Term Misery

w18580 Heather Royer
Mark F. Stehr
Justin R. Sydnor

Incentives, Commitments and Habit Formation in Exercise: Evidence from a Field Experiment with Workers at a Fortune-500 Company

w18550 Simon Gilchrist
Jae W. Sim
Egon Zakrajšek

Missallocation and Financial Frictions: Some Direct Evidence From the Dispersion in Borrowing Costs

w18463 Dean Karlan
Robert Darko Osei
Isaac Osei-Akoto
Christopher Udry

Agricultural Decisions after Relaxing Credit and Risk Constraints

w18412 Justine S. Hastings
Brigitte C. Madrian
William L. Skimmyhorn

Financial Literacy, Financial Education and Economic Outcomes

w18393 Jean-Pierre H. Dube
Günter J. Hitsch
Pranav Jindal

The Joint Identification of Utility and Discount Functions From Stated Choice Data: An Application to Durable Goods Adoption

w18325 Dean Karlan
Ryan Knight
Christopher Udry

Hoping to Win, Expected to Lose: Theory and Lessons on Micro Enterprise Development

w18230 Derek M. Lemoine
Christian P. Traeger

Tipping Points and Ambiguity in the Economics of Climate Change

w18220 Brigitte C. Madrian
Matching Contributions and Savings Outcomes: A Behavioral Economics Perspective

w18178 Daron Acemoglu
Martin Kaae Jensen

Robust Comparative Statics in Large Dynamic Economies

w18066 Mark Huggett
Greg Kaplan

The Money Value of a Man

w18065 Xavier Giné
Jessica Goldberg
Dan Silverman
Dean Yang

Revising Commitments: Field Evidence on the Adjustment of Prior Choices

w18014 Axel H. Börsch-Supan
Michela Coppola
Anette Reil-Held

Riester Pensions in Germany: Design, Dynamics, Targetting Success and Crowding-In

w17995 Katherine L. Milkman
John Beshears
James J. Choi
David Laibson
Brigitte C. Madrian

Following Through on Good Intentions: The Power of Planning Prompts

w17971 Susanto Basu
Luigi Pascali
Fabio Schiantarelli
Luis Serven

Productivity and the Welfare of Nations

w17952 Dean Karlan
Melanie Morten
Jonathan Zinman

A Personal Touch: Text Messaging for Loan Repayment

w17905 Francisco J. Buera
Joseph P. Kaboski
Yongseok Shin

The Macroeconomics of Microfinance

w17904 Nikolai Roussanov
Pavel G. Savor

Status, Marriage, and Managers' Attitudes To Risk

w17863 Annamaria Lusardi
Olivia S. Mitchell
Vilsa Curto

Financial Sophistication in the Older Population

w17843 James J. Choi
Emily Haisley
Jennifer Kurkoski
Cade Massey

Small Cues Change Savings Choices

w17841 Stéphane Hallegatte
Geoffrey Heal
Marianne Fay
David Treguer

From Growth to Green Growth - a Framework

w17824 James M. Poterba
Steven F. Venti
David A. Wise

Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts

w17821 Annamaria Lusardi
Numeracy, financial literacy, and financial decision-making

w17790 Kyle Handley
Nuno Limão

Trade and Investment under Policy Uncertainty: Theory and Firm Evidence


2011
w17717 Gregor Matvos
Amit Seru

Resource Allocation within Firms and Financial Market Dislocation: Evidence from Diversified Conglomerates

w17696 Viral V. Acharya
Bart M. Lambrecht

A Theory of Income Smoothing When Insiders Know More Than Outsiders

w17602 Ufuk Akcigit
Qingmin Liu

The Role of Information in Competitive Experimentation

w17587 B. Douglas Bernheim
Andrey Fradkin
Igor Popov

The Welfare Economics of Default Options in 401(k) Plans

w17581 Charles Yuji Horioka
Akiko Terada-Hagiwara

The Determinants and Long-term Projections of Saving Rates in Developing Asia

w17547 Alan L. Gustman
Thomas L. Steinmeier
Nahid Tabatabai

How Did the Recession of 2007-2009 Affect the Wealth and Retirement of the Near Retirement Age Population in the Health and Retirement Study?

w17536 James M. Poterba
Steven F. Venti
David A. Wise

The Composition and Draw-down of Wealth in Retirement

w17508 Raquel Fernández
Joyce Cheng Wong

The Disappearing Gender Gap: The Impact of Divorce, Wages, and Preferences on Education Choices and Women's Work

w17483 Charles J. Courtemanche
Garth Heutel
Patrick McAlvanah

Impatience, Incentives, and Obesity

w17394 John Asker
Joan Farre-Mensa
Alexander Ljungqvist

Comparing the Investment Behavior of Public and Private Firms

w17345 John Beshears
James J. Choi
David Laibson
Brigitte C. Madrian
Katherine L. Milkman

The Effect of Providing Peer Information on Retirement Savings Decisions

w17339 Maarten van Rooij
Annamaria Lusardi
Rob J. Alessie

Financial Literacy, Retirement Planning, and Household Wealth

w17338 Greg Kaplan
Giovanni L. Violante

A Model of the Consumption Response to Fiscal Stimulus Payments

w17325 Ralph Koijen
Stijn Van Nieuwerburgh
Motohiro Yogo

Health and Mortality Delta: Assessing the Welfare Cost of Household Insurance Choice

w17255 Pascaline Dupas
Jonathan Robinson

Why Don't the Poor Save More? Evidence from Health Savings Experiments

w17202 Mihir A. Desai
C. Fritz Foley
James R. Hines Jr.

Tax Policy and the Efficiency of U.S. Direct Investment Abroad

w17191 Francois Gourio
Leena Rudanko

Customer Capital

w17118 John Beshears
James J. Choi
David Laibson
Brigitte C. Madrian

The Availability and Utilization of 401(k) Loans

w17110 Tabea Bucher-Koenen
Annamaria Lusardi

Financial Literacy and Retirement Planning in Germany

w17109 Rob J. Alessie
Maarten van Rooij
Annamaria Lusardi

Financial Literacy, Retirement Preparation and Pension Expectations in the Netherlands

w17108 Annamaria Lusardi
Olivia S. Mitchell

Financial Literacy and Retirement Planning in the United States

w17107 Annamaria Lusardi
Olivia S. Mitchell

Financial Literacy around the World: An Overview

w17078 Annamaria Lusardi
Olivia S. Mitchell

Financial Literacy and Planning: Implications for Retirement Wellbeing

w17077 Annamaria Lusardi
Olivia S. Mitchell

The Outlook for Financial Literacy

w17072 Annamaria Lusardi
Daniel J. Schneider
Peter Tufano

Financially Fragile Households: Evidence and Implications

w17007 Robert J. Shiller
Rafal M. Wojakowski
M. Shahid Ebrahim
Mark B. Shackleton

Continuous Workout Mortgages

w16999 Rajashri Chakrabarti
Donghoon Lee
Wilbert van der Klaauw
Basit Zafar

Household Debt and Saving During the 2007 Recession

w16950 Anthony W. Lynch
Oliver Randall

Why Surplus Consumption in the Habit Model May be Less Persistent than You Think

w16924 Andrew Glover
Jonathan Heathcote
Dirk Krueger
José-Víctor Ríos-Rull

Intergenerational Redistribution in the Great Recession

w16771 Dennis Tao Yang
Junsen Zhang
Shaojie Zhou

Why Are Saving Rates so High in China?

w16696 Pierre-André Chiappori
Krislert Samphantharak
Sam Schulhofer-Wohl
Robert M. Townsend

Heterogeneity and Risk Sharing in Village Economies

w16684 Jonathan A. Parker
Nicholas S. Souleles
David S. Johnson
Robert McClelland

Consumer Spending and the Economic Stimulus Payments of 2008


2010
w16565 Marcos Chamon
Kai Liu
Eswar S. Prasad

Income Uncertainty and Household Savings in China

w16531 Andrew Paciorek
Todd M. Sinai

Does Home Owning Smooth the Variability of Future Housing Consumption?

w16503 Alan L. Gustman
Thomas L. Steinmeier

Policy Effects in Hyperbolic vs. Exponential Models of Consumption and Retirement

w16407 Michael D. Hurd
Susann Rohwedder

Effects of the Financial Crisis and Great Recession on American Households

w16348 James Andreoni
Charles Sprenger

Risk Preferences Are Not Time Preferences: Discounted Expected Utility with a Disproportionate Preference for Certainty

w16347 James Andreoni
Charles Sprenger

Estimating Time Preferences from Convex Budgets

w16205 Dean Karlan
Margaret McConnell
Sendhil Mullainathan
Jonathan Zinman

Getting to the Top of Mind: How Reminders Increase Saving

w16201 Flavio Cunha
James J. Heckman

Investing in Our Young People

w16157 François Gourio
Jianjun Miao

Transitional Dynamics of Dividend and Capital Gains Tax Cuts

w15973 Abhijit Banerjee
Sendhil Mullainathan

The Shape of Temptation: Implications for the Economic Lives of the Poor

w15962 Hamish Low
Luigi Pistaferri

Disability Risk, Disability Insurance and Life Cycle Behavior

w15931 Tommaso Monacelli
Roberto Perotti
Antonella Trigari

Unemployment Fiscal Multipliers

w15925 Daniel J. Benjamin
James J. Choi
Geoffrey W. Fisher

Religious Identity and Economic Behavior

w15914 Costas Meghir
Luigi Pistaferri

Earnings, Consumption and Lifecycle Choices

w15829 Andreas Fuster
Paul S. Willen

Insuring Consumption Using Income-Linked Assets

w15741 Wojciech Kopczuk
Economics of estate taxation: a brief review of theory and evidence

w15739 Tullio Jappelli
Luigi Pistaferri

The Consumption Response to Income Changes

w15656 Louis Kaplow
Targeted Savings and Labor Supply


2009
w15607 Alan L. Gustman
Thomas Steinmeier

Integrating Retirement Models

w15601 Charles Y. Horioka
The (Dis)saving Behavior of the Aged in Japan

w15595 Louis Kaplow
Utility from Accumulation

w15579 Susanto Basu
Luigi Pascali
Fabio Schiantarelli
Luis Serven

Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence

w15554 Dirk Krueger
Fabrizio Perri
Luigi Pistaferri
Giovanni L. Violante

Cross Sectional Facts for Macroeconomists

w15553 Greg Kaplan
Giovanni L. Violante

How Much Consumption Insurance Beyond Self-Insurance?

w15435 Alan L. Gustman
Thomas L. Steinmeier
Nahid Tabatabai

What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population

w15352 Annamaria Lusardi
Olivia S. Mitchell
Vilsa Curto

Financial Literacy among the Young: Evidence and Implications for Consumer Policy

w15350 Annamaria Lusardi
Olivia S. Mitchell

How Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness

w15311 William N. Evans
Timothy J. Moore

The Short-Term Mortality Consequences of Income Receipt

w15307 Motohiro Yogo
Portfolio Choice in Retirement: Health Risk and the Demand for Annuities, Housing, and Risky Assets

w15170 John Geanakoplos
Stephen P. Zeldes

Market Valuation of Accrued Social Security Benefits

w15149 Mariacristina De Nardi
Eric French
John Bailey Jones

Why do the Elderly Save? The Role of Medical Expenses

w14901 Hamish Low
Costas Meghir
Luigi Pistaferri

Wage Risk and Employment Risk over the Life Cycle

w14808 Annamaria Lusardi
Peter Tufano

Debt Literacy, Financial Experiences, and Overindebtedness

w14715 Annamaria Lusardi
Punam Anand Keller
Adam M. Keller

New Ways to Make People Save: A Social Marketing Approach

w14653 Mariacristina De Nardi
Eric French
John Bailey Jones

Life Expectancy and Old Age Savings

w14639 Charles Yuji Horioka
Do Bequests Increase or Decrease Wealth Inequalities?


2008
w14629 Bernard Dumas
Andrew Lyasoff

Incomplete-Market Equilibria Solved Recursively on an Event Tree

w14584 Tommaso Monacelli
Roberto Perotti

Fiscal Policy, Wealth Effects, and Markups

w14408 Daron Acemoglu
Kostas Bimpikis
Asuman Ozdaglar

Experimentation, Patents, and Innovation

w14359 Lawrence H. Summers
Richard J. Zeckhauser

Policymaking for Posterity

w14353 Christopher F. Chabris
David Laibson
Carrie L. Morris
Jonathon P. Schuldt
Dmitry Taubinsky

Measuring intertemporal preferences using response times

w14270 Christopher F. Chabris
David Laibson
Carrie L. Morris
Jonathon P. Schuldt
Dmitry Taubinsky

Individual Laboratory-Measured Discount Rates Predict Field Behavior

w14237 Jon Bakija
Bradley Heim

How Does Charitable Giving Respond to Incentives and Income? Dynamic Panel Estimates Accounting for Predictable Changes in Taxation

w14105 Alan L. Gustman
Thomas Steinmeier

How Changes in Social Security Affect Recent Retirement Trends

w14074 C. Fritz Foley
Welfare Payments and Crime

w13979 John Geanakoplos
Stephen P. Zeldes

Reforming Social Security with Progressive Personal Accounts

w13966 Francisco J. Gomes
Laurence J. Kotlikoff
Luis M. Viceira

Optimal Life-Cycle Investing with Flexible Labor Supply: A Welfare Analysis of Life-Cycle Funds

w13929 Michael D. Hurd
Susann Rohwedder

The Retirement Consumption Puzzle: Actual Spending Change in Panel Data

w13927 Geoffrey Heal
Climate Economics: A Meta-Review and Some Suggestions

w13824 Annamaria Lusardi
Household Saving Behavior: The Role of Financial Literacy, Information, and Financial Education Programs

w13750 Annamaria Lusardi
Olivia S. Mitchell

Planning and Financial Literacy: How Do Women Fare?


2007
w13694 Sumit Agarwal
Chunlin Liu
Nicholas S. Souleles

The Reaction of Consumer Spending and Debt to Tax Rebates -- Evidence from Consumer Credit Data

w13630 David E. Bloom
David Canning
Michael Moore

A Theory of Retirement

w13627 Florian Heiss
Daniel McFadden
Joachim Winter

Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans

w13584 Thomas Philippon
Yuliy Sannikov

Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk

w13570 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Corporate Financial Policies With Overconfident Managers

w13565 Maarten van Rooij
Annamaria Lusardi
Rob Alessie

Financial Literacy and Stock Market Participation

w13496 James Banks
Richard Blundell
Zoë Oldfield
James P. Smith

Housing Price Volatility and Downsizing in Later Life

w13420 Stefano DellaVigna
Psychology and Economics: Evidence from the Field

w13401 Bernard Dumas
Alexander Kurshev
Raman Uppal

Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility

w13392 Kerwin Kofi Charles
Erik Hurst
Nikolai Roussanov

Conspicuous Consumption and Race

w13385 Nicholas Bloom
The Impact of Uncertainty Shocks

w13371 Hanming Fang
Alessandro Gavazza

Dynamic Inefficiencies in Employment-Based Health Insurance System Theory and Evidence

w13352 John Beshears
James J. Choi
David Laibson
Brigitte C. Madrian

The Impact of Employer Matching on Savings Plan Participation under Automatic Enrollment

w13314 David Laibson
Andrea Repetto
Jeremy Tobacman

Estimating Discount Functions with Consumption Choices over the Lifecycle

w13275 David Card
Michael Ransom

Pension Plan Characteristics and Framing Effects in Employee Savings Behavior

w13273 Charles Yuji Horioka
Wataru Suzuki
Tatsuo Hatta

Aging, Saving, and Public Pensions in Japan

w13224 Mark Huggett
Gustavo Ventura
Amir Yaron

Sources of Lifetime Inequality

w13220 John Donaldson
Rajnish Mehra

Risk Based Explanations of the Equity Premium

w13117 Jesse Rothstein
Cecilia Elena Rouse

Constrained After College: Student Loans and Early Career Occupational Choices

w13105 John Ameriks
Andrew Caplin
Steven Laufer
Stijn Van Nieuwerburgh

The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Bequest and Precautionary Motives

w12958 Alan L. Gustman
Thomas Steinmeier

Projecting Behavioral Responses to the Next Generation of Retirement Policies

w12879 Christine Jolls
Behavioral Law and Economics

w12841 Nicholas Bloom
Uncertainty and the Dynamics of R&D


2006
w12723 Charles Yuji Horioka
Junmin Wan

The Determinants of Household Saving in China: A Dynamic Panel Analysis of Provincial Data

w12701 Wojciech Kopczuk
Bequest and Tax Planning: Evidence From Estate Tax Returns

w12655 Midori Wakabayashi
Charles Y. Horioka

Is the Eldest Son Different? The Residential Choice of Siblings in Japan

w12639 David Card
Raj Chetty
Andrea Weber

Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market

w12615 Ahmed Khwaja
Dan Silverman
Frank Sloan

Time Preference, Time Discounting, and Smoking Decisions

w12585 Annamaria Lusardi
Olivia S. Mitchell

Baby Boomer Retirement Security: the Roles of Planning, Financial Literacy, and Housing Wealth

w12452 Louis Kaplow
Myopia and the Effects of Social Security and Capital Taxation on Labor Supply

w12433 Rajnish Mehra
Recursive Competitive Equilibrium

w12383 Nick Bloom
John Van Reenen
Stephen Bond

Uncertainty and Investment Dynamics

w12367 Leora Friedberg
Anthony Webb

Determinants and Consequences of Bargaining Power in Households

w12351 Charles Yuji Horioka
The Dissaving of the Aged Revisited: The Case of Japan

w12330 Miki Kohara
Charles Yuji Horioka

Do Borrowing Constraints Matter? An Analysis of Why the Permanent Income Hypothesis Does Not Apply in Japan

w12294 W. Kip Viscusi
Rational Discounting for Regulatory Analysis

w12278 Emre Ozdenoren
Stephen Salant
Dan Silverman

Willpower and the Optimal Control of Visceral Urges

w12255 Carolyn Kousky
Erzo F.P. Luttmer
Richard J. Zeckhauser

Private Investment and Government Protection

w12239 Louis Kaplow
Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency

w12104 Chang-Tai Hsieh
Jonathan A. Parker

Taxes and Growth in a Financially Underdeveloped Country: Evidence from the Chilean Investment Boom

w12057 Michael D. Hurd
Susann Rohwedder

Some Answers to the Retirement-Consumption Puzzle

w12042 Steven R. Grenadier
Neng Wang

Investment Under Uncertainty and Time-Inconsistent Preferences

w12030 Laurent E. Calvet
John Y. Campbell
Paolo Sodini

Down or Out: Assessing the Welfare Costs of Household Investment Mistakes

w11935 W. Kip Viscusi
Joel Huber

Hyperbolic Discounting of Public Goods

w11920 John Beshears
James J. Choi
David Laibson
Brigitte Madrian

Early Decisions: A Regulatory Framework


2005
w11820 Ricardo Reis
Inattentive Producers

w11767 Wojciech Kopczuk
Joseph Lupton

To Leave or Not To Leave: The Distribution of Bequest Motives

w11746 Ricardo Reis
A Dynamic Measure of Inflation

t0315 Jesus Fernandez-Villaverde
Juan Rubio
Manuel Santos

Convergence Properties of the Likelihood of Computed Dynamic Models

w11566 Daniel S. Hamermesh
Joel Slemrod

The Economics of Workaholism: We Should Not Have Worked on This Paper

w11560 Midori Wakabayashi
Charles Yuji Horioka

Borrowing Constraints and Consumption Behavior in Japan

w11518 B. Douglas Bernheim
Antonio Rangel

Behavioral Public Economics: Welfare and Policy Analysis with Non-Standard Decision-Makers

w11503 Diego Comin
Sunil Mulani

A Theory of Growth and Volatility at the Aggregate and Firm Level

w11497 Marie Thursby
Jerry Thursby
Swasti Gupta-Mukherjee

Are There Real Effects of Licensing on Academic Research? A Life Cycle View

w11491 David S. Lee
Justin McCrary

Crime, Punishment, and Myopia

w11485 Wojciech Kopczuk
Joel Slemrod

Denial of Death and Economic Behavior

w11421 Judith Chevalier
Austan Goolsbee

Are Durable Goods Consumers Forward Looking? Evidence from College Textbooks

t0309 Christopher D. Carroll
The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems

w11322 Lu Zhang
Anomalies

w11122 George M. Constantinides
John B. Donaldson
Rajnish Mehra

Junior is Rich: Bequests as Consumption

w11079 Rob Alessie
Agar Brugiavini
Guglielmo Weber

Saving and Cohabitation: The Economic Consequences of Living with One's Parents in Italy and the Netherlands


2004
w11016 George-Marios Angeletos
Laurent-Emmanuel Calvet

Incomplete Market Dynamics in a Neoclassical Production Economy

w10919 David E. Bloom
David Canning
Michael Moore

The Effect of Improvements in Health and Longevity on Optimal Retirement and Saving

w10888 Arthur Kennickell
Annamaria Lusardi

Disentangling the Importance of the Precautionary Saving Mode

w10883 Ricardo Reis
Inattentive Consumers

w10867 Christopher Carroll
Theoretical Foundations of Buffer Stock Saving

w10862 Susann Rohwedder
Steven J. Haider
Michael Hurd

Increases in Wealth among the Elderly in the Early 1990s: How Much is Due to Survey Design?

w10837 Stefano DellaVigna
M. Daniele Paserman

Job Search and Impatience

w10819 Stefano DellaVigna
Ulrike Malmendier

Overestimating Self_Control: Evidence from the Health Club Industry

w10789 Li Gan
Guan Gong
Michael Hurd
Daniel McFadden

Subjective Mortality Risk and Bequests

w10627 Diego Comin
Using Investment Data to Assess the Importance of Price Mismeasurement

w10611 Jacob L. Vigdor
Liquidity Constraints and Housing Prices: Theory and Evidence from the VA Mortgage

w10597 David Backus
Bryan Routledge
Stanley Zin

Exotic Preferences for Macroeconomists

w10518 Ricardo Caballero
Emmanuel Farhi
Mohamad L. Hammour

Speculative Growth: Hints from the US Economy

w10514 John Ameriks
Andrew Caplin
John Leahy
Tom Tyler

Measuring Self-Control

w10354 Raj Chetty
Interest Rates and Backward-Bending Investment

w10257 Steven Haider
Melvin Stephens Jr.

Is There a Retirement-Consumption Puzzle? Evidence Using Subjective Retirement Expectations

w10216 John Ameriks
Andrew Caplin
John Leahy

The Absent-Minded Consumer


2003
w10182 Arie Kapteyn
Constantijn Panis

The Size and Composition of Wealth Holdings in the United States, Italy, and the Netherlands

w9976 Melvin Stephens Jr.
The Consumption Response to Predictable Changes in Discretionary Income: Evidence from the Repayment of Vehicle Loans

w9970 Gadi Barlevy
The Cost of Business Cycles Under Endogenous Growth

w9764 George-Marios Angeletos
Laurent Calvet

Idiosyncratic Production Risk, Growth, and the Business Cycle

w9647 Tokuo Iwaisako
Household Portfolios in Japan

w9586 Michael Hurd
Susann Rohwedder

The Retirement-Consumption Puzzle: Anticipated and Actual Declines in Spending at Retirement

w9525 Rajnish Mehra
Edward C. Prescott

The Equity Premium in Retrospect

w9508 Melvin Stephens
Jr.

Job Loss Expectations, Realizations, and Household Consumption Behavior

w9412 Kent A. Smetters
Trading with the Unborn: A New Perspective on Capital Income Taxation

w9410 Dirk Krueger
Felix Kubler

Pareto Improving Social Security Reform when Financial Markets are Incomplete?


2002
w9382 Jesus Fernandez-Villaverde
Dirk Krueger

Consumption over the Life Cycle: Facts from Consumer Expenditure Survey Data

w9381 Ricardo J. Caballero
Mohamad L. Hammour

Speculative Growth

w9356 Melvin Stephens Jr.
Paycheck Receipt and the Timing of Consumption

w9331 Steven J. Davis
Felix Kubler
Paul Willen

Borrowing Costs and the Demand for Equity Over the Life Cycle

w9256 Jeffrey R. Brown
Redistribution and Insurance: Mandatory Annuitization with Mortality Heterogeneity

w9249 Donald S. Kenkel
Robert R. Reed III
Ping Wang

Rational Addiction, Peer Externalities and Long Run Effects of Public Policy

w9202 Dirk Krueger
Fabrizio Perri

Does Income Inequality Lead to Consumption Inequality? Evidence and Theory

w9196 Jonathan Parker
Bruce Preston

Precautionary Saving and Consumption Fluctuations

w9012 Alan J. Auerbach
The Bush Tax Cut and National Saving

w8906 George M. Constantinides
John B. Donaldson
Rajnish Mehra

Junior Must Pay: Pricing the Implicit Put in Privatizing Social Security

w8822 Alon Brav
George M. Constantinides
Christopher C. Geczy

Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence


2001
w8496 Christopher D. Carroll
Miles S. Kimball

Liquidity Constraints and Precautionary Saving

w8394 John P. Conley
Antonio Rangel

Intergenerational Fiscal Constitutions: How to Protect Future Generations Using Land Taxes and Federalism

w8233 Christopher D. Carroll
Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income

w8170 Jagadeesh Gokhale
Laurence J. Kotlikoff
Mark J. Warshawsky

Life-Cycle Saving, Limits on Contributions to DC Pension Plans, and Lifetime Tax Benefits

w8107 Pierre-Olivier Gourinchas
Jonathan A. Parker

The Empirical Importance of Precautionary Saving


2000
w7983 Andrew Caplin
John Leahy

The Social Discount Rate

w7905 Steven J. Davis
Paul Willen

Occupation-Level Income Shocks and Asset Returns: Their Covariance and Implications for Portfolio Choice

w7879 David Laibson
Andrea Repetto
Jeremy Tobacman

A Debt Puzzle

w7812 Jeffrey R. Brown
Olivia S. Mitchell
James M. Poterba

Mortality Risk, Inflation Risk, and Annuity Products

w7785 Jerome Adda
Russell Cooper

The Dynamics of Car Sales: A Discrete Choice Approach

w7743 Pierre-Richard Agenor
Joshua Aizenman

Savings and the Terms of Trade Under Borrowing Constraints

w7633 Larry Jones
Rodolfo Manuelli
Henry Siu

Growth and Business Cycles

w6002 Olivia S. Mitchell
James M. Poterba
Mark J. Warshawsky

New Evidence on the Money's Worth of Individual Annuities

w7463 Charles Yuji Horioka
Hideki Fujisaki
Wako Watanabe
Takatsugu Kouno

Are Americans More Altruistic than the Japanese? A U.S.-Japan Comparison of Saving and Bequest Motives


1999
w7406 Alon Brav
George M. Constantinides
Christopher C. Geczy

Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence

t0244 Allan Drazen
Plutarchos Sakellaris

News About News: Information Arrival and Irreversible Investment

w7271 Pierre-Olivier Gourinchas
Jonathan A. Parker

Consumption Over the Life Cycle

w7048 Michael D. Hurd
Mortality Risk and Consumption by Couples


1998
w6681 Alan L. Gustman
Thomas L. Steinmeier

Effects of Pensions on Saving: Analysis with Data from the Health and Retirement Study

w6678 Jonathan B. Berk
A Simple Approach for Deciding When to Invest

w6497 Aaron Tornell
Reform from Within

w6494 Lawrence H. Goulder
Koshy Mathai

Optimal CO2 Abatement in the Presence of Induced Technological Change

w6420 Ricardo J. Caballero
Eduardo M.R.A. Engel

Nonlinear Aggregate Investment Dynamics: Theory and Evidence

w6373 Avinash K. Dixit
Robert S. Pindyck

Expandability, Reversibility, and Optimal Capacity Choice


1997
w6298 Christopher D. Carroll
Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation)

w6264 Ricardo J. Caballero
Aggregate Investment

w5213 Robert B. Barsky
Miles S. Kimball
F. Thomas Juster
Matthew D. Shapiro

Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Survey

w6138 Christopher D. Carroll
Jody Overland
David N. Weil

Comparison Utility in a Growth Model

w4145 Joseph E. Stiglitz
Aaron S. Edlin

Discouraging Rivals: Managerial Rent-Seeking and Economic Inefficiencies

w6001 James M. Poterba
The History of Annuities in the United States

w5971 Avinash Dixit
Robert S. Pindyck
Sigbjorn Sodal

A Markup Interpretation of Optimal Rules for Irreversible Investment


1996
w5788 Christopher D. Carroll
Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis

w4160 Ricardo J. Caballero
Robert S. Pindyck

Uncertainty, Investment, and Industry Evolution

w5674 Michael Kremer
Charles Morcom

Elephants

w5635 David I. Laibson
Hyperbolic Discount Functions, Undersaving, and Savings Policy

w5566 Michael Kremer
How Much Does Sorting Increase Inequality?


1995
w5378 Joseph G. Altonji
Fumio Hayashi
Laurence Kotlikoff

Parental Altruism and Inter Vivos Transfers: Theory and Evidence

w5194 Christopher D. Carroll
Andrew A. Samwick

How Important is Precautionary Saving?

w5193 Christopher D. Carroll
Andrew A. Samwick

The Nature of Precautionary Wealth

w4206 Robert J. Barro
N. Gregory Mankiw
Xavier Sala-i-Martin

Capital Mobility in Neoclassical Models of Growth

w5070 Donald R. Haurin
Susan M. Wachter
Patric H. Hendershott

Wealth Accumulation and Housing Choices of Young Households: An Exploratory Investigation


1994
w4900 Orazio P. Attanasio
Thomas C. DeLeire

IRAs and Household Saving Revisited: Some New Evidence

w4811 Orazio P. Attanasio
The Intertemporal Allocation of Consumption: Theory and Evidence

w4795 Orazio P. Attanasio
Guglielmo Weber

Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey

w4666 Hilary Williamson Hoynes
Daniel McFadden

The Impact of Demographics on Housing and Non-Housing Wealth in the United States


1993
w4530 Axel Borsch-Supan
Aging in Germany and the United States: International Comparisons

w4453 Orazio P. Attanasio
Martin Browning

Consumption over the Life Cycle and over the Business Cycle

w4430 Andrea Beltratti
Graciela Chichilnisky
Geoffrey Heal

Sustainable Growth and the Green Golden Rule

w4380 Robert S. Pindyck
Andres Solimano

Economic Instability and Aggregate Investment

w4330 Angus Deaton
Christina H. Paxson

Saving, Growth, and Aging in Taiwan

w4328 Angus Deaton
Christina Paxson

Intertemporal Choice and Inequality

w4094 Maurice Obstfeld
International Adjustment with Habit-Forming Consumption: A Diagrammatic Exposition


1992
w4215 B. Douglas Bernheim
John Karl Scholz

Private Saving and Public Policy

w4056 Steven N. Durlauf
A Theory of Persistent Income Inequality


1991
w3937 Mark Schankerman
Revisions and Investment Plans and the Stock Market Rate of Return

w3913 David Altig
Steve J. Davis

Borrowing Constraints and Two-Sided Altruism With an Application to Social Security

w3886 Elise Brezis
Paul Krugman
Daniel Tsiddon

Leapfrogging: A Theory of Cycles in National Technological Leadership

w3802 Marjorie A. Flavin
The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation


Generated Sat Apr 19 00:00:15 2014

 
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