Permanent and Transitory Movements in Labor Income: An Explanation for "Excess Smoothness" in Consumption
NBER Reprint No. 1489
No abstract is available for this paper
Issued in January 1991
NBER Program(s):Economic Fluctuations and Growth
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Published: Journal of Political Economy, Vol. 98, No. 3, pp. 449-475, (1990).