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Temptation and Commitment: a Model of Hand-to-Mouth Behavior

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What this work says

Outgoing claims: the papers this work cites, builds on, or argues with.

inferredcites →https://doi.org/10.1016/bs.hesbe.2018.12.001openalex-snapshot
Intertemporal choice
inferredcites →https://doi.org/10.1016/j.jfineco.2006.01.006openalex-snapshot
Housing, consumption and asset pricing
inferredcites →https://doi.org/10.1016/j.jmoneco.2017.11.007openalex-snapshot
The consumption response to positive and negative income shocks
inferredcites →https://doi.org/10.1016/j.red.2003.11.002openalex-snapshot
Self-control, revealed preference and consumption choice
inferredcites →https://doi.org/10.1016/j.red.2011.09.001openalex-snapshot
Modelling the demand for housing over the life cycle
inferredcites →https://doi.org/10.1080/07350015.1996.10524661openalex-snapshot
Small-Sample Bias in GMM Estimation of Covariance Structures
inferredcites →https://doi.org/10.1086/693037openalex-snapshot
Precommitments for Financial Self-Control? Micro Evidence from the 2003 Korean Credit Crisis
inferredcites →https://doi.org/10.1093/qje/qjy014openalex-snapshot
Excess Sensitivity of High-Income Consumers*
inferredcites →https://doi.org/10.1093/qje/qjz012openalex-snapshot
The Rate of Return on Everything, 1870-2015
inferredcites →https://doi.org/10.1093/restud/rdaa076openalex-snapshot
What Would You Do with $500? Spending Responses to Gains, Losses, News, and Loans
inferredcites →https://doi.org/10.1093/restud/rdab056openalex-snapshot
Who Chooses Commitment? Evidence and Welfare Implications
inferredcites →https://doi.org/10.1093/rfs/hhaa096openalex-snapshot
Housing, Mortgages, and Self-Control
inferredcites →https://doi.org/10.1093/rof/rfy016openalex-snapshot
Complex Mortgages
inferredcites →https://doi.org/10.1111/1468-0262.00225openalex-snapshot
Dynamic Choices of Hyperbolic Consumers
inferredcites →https://doi.org/10.1111/1468-0262.00252openalex-snapshot
Temptation and Self-Control
inferredcites →https://doi.org/10.1111/ecoj.12362openalex-snapshot
Labour Supply: The Roles of Human Capital and The Extensive Margin
inferredcites →https://doi.org/10.1111/iere.12435openalex-snapshot
HOME EQUITY IN RETIREMENT
inferredcites →https://doi.org/10.1111/iere.12491openalex-snapshot
ESTIMATING TEMPTATION AND COMMITMENT OVER THE LIFE CYCLE
inferredcites →https://doi.org/10.1111/j.1468-0262.2006.00666.xopenalex-snapshot
Commitment vs. Flexibility
inferredcites →https://doi.org/10.1111/j.1468-2354.2009.00559.xopenalex-snapshot
TIME‐INCONSISTENCY AND WELFARE PROGRAM PARTICIPATION: EVIDENCE FROM THE NLSY*
inferredcites →https://doi.org/10.1111/j.1542-4774.2012.01076.xopenalex-snapshot
MEASURING SELF-CONTROL PROBLEMS: A STRUCTURAL ESTIMATION
inferredcites →https://doi.org/10.1146/annurev-economics-080217-053444openalex-snapshot
The Marginal Propensity to Consume in Heterogeneous Agent Models
inferredcites →https://doi.org/10.1162/003355397555253openalex-snapshot
Golden Eggs and Hyperbolic Discounting
inferredcites →https://doi.org/10.1162/003465302317411532openalex-snapshot
The Transition to Home Ownership and the Black-White Wealth Gap
inferredcites →https://doi.org/10.1162/qjec.2006.121.2.635openalex-snapshot
Tying Odysseus to the Mast: Evidence From a Commitment Savings Product in the Philippines
inferredcites →https://doi.org/10.1257/000282802760015775openalex-snapshot
Owner-Occupied Housing and the Composition of the Household Portfolio
inferredcites →https://doi.org/10.1257/000282803321455368openalex-snapshot
Consumer Response to Tax Rebates
inferredcites →https://doi.org/10.1257/000282803321455377openalex-snapshot
Do Consumers React to Anticipated Income Changes? Evidence from the Alaska Permanent Fund
inferredcites →https://doi.org/10.1257/aer.103.6.2530openalex-snapshot
Consumer Spending and the Economic Stimulus Payments of 2008
inferredcites →https://doi.org/10.1257/aer.20121549openalex-snapshot
Consumption Inequality and Family Labor Supply
inferredcites →https://doi.org/10.1257/aer.20160042openalex-snapshot
Monetary Policy According to HANK
inferredcites →https://doi.org/10.1257/aer.20170458openalex-snapshot
Alcohol and Self-Control: A Field Experiment in India
inferredcites →https://doi.org/10.1257/aer.20180281openalex-snapshot
Demand and Supply of Infrequent Payments as a Commitment Device: Evidence from Kenya
inferredcites →https://doi.org/10.1257/aer.96.5.1589openalex-snapshot
Household Expenditure and the Income Tax Rebates of 2001
inferredcites →https://doi.org/10.1257/aer.99.2.374openalex-snapshot
Did the 2008 Tax Rebates Stimulate Spending?
inferredcites →https://doi.org/10.1257/aer.p20151084openalex-snapshot
Why Don't Present-Biased Agents Make Commitments?
inferredcites →https://doi.org/10.1257/jep.15.3.47openalex-snapshot
The Hyperbolic Consumption Model: Calibration, Simulation, and Empirical Evaluation
inferredcites →https://doi.org/10.1257/mac.20150331openalex-snapshot
Why Don’t Households Smooth Consumption? Evidence from a $25 Million Experiment
inferredcites →https://doi.org/10.1257/mac.20190064openalex-snapshot
Transmission of Monetary Policy with Heterogeneity in Household Portfolios
inferredcites →https://doi.org/10.1257/mac.20190211openalex-snapshot
MPC Heterogeneity and Household Balance Sheets
inferredcites →https://doi.org/10.1257/mac.6.4.107openalex-snapshot
Fiscal Policy and MPC Heterogeneity
inferredcites →https://doi.org/10.1257/mac.6.4.84openalex-snapshot
Consumption, Income Changes, and Heterogeneity: Evidence from Two Fiscal Stimulus Programs
inferredcites →https://doi.org/10.1257/pandp.20181124openalex-snapshot
Private Paternalism, the Commitment Puzzle, and Model-Free Equilibrium
inferredcites →https://doi.org/10.1353/eca.2014.0002openalex-snapshot
The Wealthy Hand-to-Mouth
inferredcites →https://doi.org/10.17016/2380-7172.2199openalex-snapshot
High-frequency Spending Responses to the Earned Income Tax Credit
inferredcites →https://doi.org/10.17016/feds.2021.076openalex-snapshot
The Smart Money is in Cash? Financial Literacy and Liquid Savings Among U.S. Families
inferredcites →https://doi.org/10.1787/growth-2011-46-enopenalex-snapshot
Housing and the Economy: Policies for Renovation
inferredcites →https://doi.org/10.2139/ssrn.3489434openalex-snapshot
Latent Heterogeneity in the Marginal Propensity to Consume
inferredcites →https://doi.org/10.2139/ssrn.3535224openalex-snapshot
Do Credit Conditions Move House Prices?
inferredcites →https://doi.org/10.2139/ssrn.3569252openalex-snapshot
Mortgage Amortization and Wealth Accumulation
inferredcites →https://doi.org/10.2139/ssrn.3792708openalex-snapshot
Commitment in debt repayment: evidence from a natural experiment
inferredcites →https://doi.org/10.2307/2295722openalex-snapshot
Myopia and Inconsistency in Dynamic Utility Maximization
inferredcites →https://doi.org/10.2307/2296547openalex-snapshot
On Second-Best National Saving and Game-Equilibrium Growth
inferredcites →https://doi.org/10.2307/j.ctt1287kz5openalex-snapshot
Irrational Exuberance
inferredcites →https://doi.org/10.3386/w25020openalex-snapshot
The Intertemporal Keynesian Cross
inferredcites →https://doi.org/10.3386/w26643openalex-snapshot
Who Are the Hand-to-Mouth?
inferredcites →https://doi.org/10.3386/w5630openalex-snapshot
Borrowing Constraints and the Tenure Choice of Young Households
inferredcites →https://doi.org/10.3982/ecta10528openalex-snapshot
A Model of the Consumption Response to Fiscal Stimulus Payments
inferredcites →https://doi.org/10.3982/ecta13601openalex-snapshot
Precautionary Savings, Illiquid Assets, and the Aggregate Consequences of Shocks to Household Income Risk
inferredcites →https://doi.org/10.3982/ecta8611openalex-snapshot
Temptation and Taxation
inferredcites →https://doi.org/10.3982/qe694openalex-snapshot
The distribution of wealth and the marginal propensity to consume
inferredcites →https://doi.org/10.3982/qe87openalex-snapshot
Rising indebtedness and temptation: A welfare analysis

What points at this work

Incoming claims: where this work appears in other papers’ reference lists and arguments.

inferred← citeshttps://doi.org/10.2139/ssrn.4854975openalex-extracted
Mortgage Design, Repayment Schedules, and Household Borrowing
inferred← citeshttps://doi.org/10.1016/j.euroecorev.2024.104932openalex-snapshot
Temptation-driven preferences: A resolution to New Keynesian anomalies
inferred← citeshttps://doi.org/10.1016/j.jebo.2025.107338openalex-snapshot
Self-Control preferences and public pension analysis
inferred← citeshttps://doi.org/10.1016/j.jfineco.2025.104174openalex-snapshot
Windfall income shocks with finite planning horizons
inferred← citeshttps://doi.org/10.1016/j.jmacro.2024.103661openalex-snapshot
Consumption responses to inheritances: The role of durable goods
inferred← citeshttps://doi.org/10.1093/qje/qjae026openalex-snapshot
Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy
inferred← citeshttps://doi.org/10.1093/rfs/hhaf115openalex-snapshot
Mortgage Design, Repayment Schedules, and Household Borrowing
inferred← citeshttps://doi.org/10.2139/ssrn.5066419openalex-snapshot
Situational and Behavioral Determinants of Early Withdrawal from Retirement Accounts
inferred← citeshttps://doi.org/10.59576/sr.1148openalex-snapshot
Subjective Uncertainty and the Marginal Propensity to Consume
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