On the concavity of the consumption function

被引：220

作者：

Carroll, CD ^{[1
]}

Kimball, MS ^{[1
]}

机构：

[1] UNIV MICHIGAN,DEPT ECON,ANN ARBOR,MI 48109

来源：

ECONOMETRICA | 1996年 / 64卷 / 04期

关键词：

D O I：

10.2307/2171853

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

One of the more surprising discoveries in macroeconomic theory over the past ten years has been how much the solution to the optimal intertemporal consumption problem can change when income uncertainty is introduced into the problem.

引用

页码：981 / 992

页数：12

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