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The New Palgrave Dictionary of Economics pp 2107–2121Cite as

Palgrave Macmillan

Consumer Expenditure (New Developments and the State of Research)

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Abstract

We provide an overview of recent developments in the life-cycle permanent income model under uncertainty, starting from the certainty equivalence case, and considering precautionary saving, the workings of insurance and credit markets, and non-standard preference structures.

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  1. http://link.springer.com/referencework/10.1057/978-1-349-95121-5

    Orazio P. Attanasio & Guglielmo Weber

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  1. Orazio P. Attanasio
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  2. Guglielmo Weber
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Attanasio, O.P., Weber, G. (2018). Consumer Expenditure (New Developments and the State of Research). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2172

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