Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy
Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy
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DOI：
10.1257/jel.48.3.693
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发表时间：
2010-09-01
影响因子：
12.6
通讯作者：
Weber, Guglielmo
中科院分区：
文献类型：
--
作者：
Attanasio, Orazio P.;Weber, Guglielmo
本文从实证和理论两个角度对消费生命周期模型的大量文献进行了批判性的综述。它讨论了文献中已经采取的几种方法，使模型的数据，他们的经验的成功，他们的失败。最后，本文回顾了标准生命周期模型的一些变化，这些变化可能有助于解决剩余的实证难题。
This paper provides a critical survey of the large literature on the life cycle model of consumption, both from an empirical and a theoretical point of view. It discusses several approaches that have been taken in the literature to bring the model to the data, their empirical successes, and their failures. Finally, the paper reviews a number of changes to the standard life cycle model that could help solve the remaining empirical puzzles.