NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A Tractable Model of Buffer Stock Saving

Christopher D. Carroll, Patrick Toche

NBER Working Paper No. 15265
Issued in August 2009

---- Acknowledgements -----

Thanks to several generations of Johns Hopkins University graduate students who helped correct many errors and infelicities in earlier versions of the material presented here. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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