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Does buffer stock saving explain the smoothness and excess sensitivity of consumption?

Ludvigson, Sydney C. and Michaelides, Alexander (2001) Does buffer stock saving explain the smoothness and excess sensitivity of consumption? American Economic Review, 91 (3). pp. 631-647. ISSN 0002-8282

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Item Type: Article
Official URL: http://www.aeaweb.org/aer/
Additional Information: © 2001 American Economic Association.
Library of Congress subject classification: H Social Sciences > HB Economic Theory
Journal of Economic Literature Classification System: D - Microeconomics > D9 - Intertemporal Choice and Growth > D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Employment, and Investment > E21 - Macroeconomics: Consumption; Saving; Aggregate Physical and Financial Consumer Wealth
Sets: Research centres and groups > Financial Markets Group (FMG)
Collections > Economists Online
Departments > Economics
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 21 Jun 2007
URL: http://eprints.lse.ac.uk/2456/

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