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Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis

Abstract

This is a replication of Carroll (1997), Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis.

BufferStock-LifeCycle

This is a replication of Carroll (1997), Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis.

References

Carroll, C. D. (1997). Buffer-stock saving and the life cycle/permanent income hypothesis. The Quarterly Journal of Economics, CXII, 1-55