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How Much Consumption Insurance Beyond Self-Insurance?

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What this work says

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

inferredcites →https://doi.org/10.1016/0165-1765(87)90042-5openalex-snapshot
A superior measure of consumption from the panel study of income dynamics
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The risk-free rate in heterogeneous-agent incomplete-insurance economies
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The use of time series processes to model the error structure of earnings in a longitudinal data analysis
inferredcites →https://doi.org/10.1016/j.econlet.2005.09.013openalex-snapshot
The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems
inferredcites →https://doi.org/10.1016/j.jmoneco.2005.10.013openalex-snapshot
Human capital and earnings distribution dynamics
inferredcites →https://doi.org/10.1016/j.jmoneco.2008.02.001openalex-snapshot
Insurance and opportunities: A welfare analysis of labor market risk
inferredcites →https://doi.org/10.1016/j.red.2009.10.010openalex-snapshot
Unequal we stand: An empirical analysis of economic inequality in the United States, 1967–2006
inferredcites →https://doi.org/10.1086/209836openalex-snapshot
Growth-Rate Heterogeneity and the Covariance Structure of Life-Cycle Earnings
inferredcites →https://doi.org/10.1086/260704openalex-snapshot
Rational Expectations, Econometric Exogeneity, and Consumption
inferredcites →https://doi.org/10.1086/322821openalex-snapshot
Earnings Instability and Earnings Inequality of Males in the United States: 1967–1991
inferredcites →https://doi.org/10.1086/375382openalex-snapshot
Accounting for the U.S. Earnings and Wealth Inequality
inferredcites →https://doi.org/10.1086/666588openalex-snapshot
Moving Back Home: Insurance against Labor Market Risk
inferredcites →https://doi.org/10.1086/ntj41789070openalex-snapshot
EFFECTIVE FEDERAL INDIVIDUAL INCOME TAX FUNCTIONS: AN EXPLORATORY EMPIRICAL ANALYSIS
inferredcites →https://doi.org/10.1093/oep/gpi019openalex-snapshot
Separating Uncertainty from Heterogeneity in Life Cycle Earnings
inferredcites →https://doi.org/10.1093/oso/9780199254026.003.0007openalex-snapshot
Consumption Inequality and Income Uncertainty
inferredcites →https://doi.org/10.1111/j.1467-937x.2006.00373.xopenalex-snapshot
Does Income Inequality Lead to Consumption Inequality? Evidence and Theory1
inferredcites →https://doi.org/10.1146/annurev.economics.050708.142922openalex-snapshot
Quantitative Macroeconomics with Heterogeneous Households
inferredcites →https://doi.org/10.1162/jeea.2005.3.2-3.340openalex-snapshot
Understanding Consumption Smoothing: Evidence from the U.S. Consumer Expenditure Data
inferredcites →https://doi.org/10.1257/aer.104.7.2075openalex-snapshot
Consumption and Labor Supply with Partial Insurance: An Analytical Framework
inferredcites →https://doi.org/10.1257/aer.89.4.947openalex-snapshot
The Response of Household Consumption to Income Tax Refunds
inferredcites →https://doi.org/10.1257/aer.97.3.687openalex-snapshot
Learning Your Earning: Are Labor Income Shocks Really Very Persistent?
inferredcites →https://doi.org/10.1257/aer.99.2.387openalex-snapshot
Disentangling Insurance and Information in Intertemporal Consumption Choices
inferredcites →https://doi.org/10.1920/wp.ifs.2004.0428openalex-snapshot
Consumption inequality and partial insurance
inferredcites →https://doi.org/10.2139/ssrn.1001902openalex-snapshot
Heterogeneous Life-Cycle Profiles, Income Risk and Consumption Inequality
inferredcites →https://doi.org/10.2139/ssrn.1094839openalex-snapshot
Social Security Replacement Rates for Alternative Earnings Benchmarks
inferredcites →https://doi.org/10.2202/1538-0653.1474openalex-snapshot
Consumption Mobility in the United States: Evidence from Two Panel Data Sets
inferredcites →https://doi.org/10.2307/1885065openalex-snapshot
Testing the Response of Consumption to Income Changes with (Noisy) Panel Data
inferredcites →https://doi.org/10.2307/1912638openalex-snapshot
The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households
inferredcites →https://doi.org/10.2307/1914192openalex-snapshot
Components of Variation in Panel Earnings Data: American Scientists 1960-70
inferredcites →https://doi.org/10.3386/w14052openalex-snapshot
The Macroeconomic Implications of Rising Wage Inequality in the United States
inferredcites →https://doi.org/10.3386/w4771openalex-snapshot
Relative Wage Movements and the Distribution of Consumption
inferredcites →https://doi.org/10.3386/w5788openalex-snapshot
Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
inferredcites →https://doi.org/10.3386/w7995openalex-snapshot
Consumption and Risk Sharing Over the Life Cycle
inferredcites →https://doi.org/10.3386/w8233openalex-snapshot
Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income
inferredcites →https://doi.org/10.3982/ecta7063openalex-snapshot
Risk Sharing in Private Information Models With Asset Accumulation: Explaining the Excess Smoothness of Consumption

What points at this work

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

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Estimating Individual Responses When Tomorrow Matters
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Consumption insurance and credit shocks
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Consumption Insurance and Credit Shocks
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Consumption Effects of Job Loss Expectations - New Evidence for the Euro Area
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Measurement error in imputation procedures
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Heterogeneous household responses to energy price shocks
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A test of the household income process using consumption and wealth data
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Permanent versus transitory income shocks over the business cycle
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Learning from Friends in a Pandemic: Social networks and the macroeconomic response of consumption
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Consumption effects of job loss expectations—New evidence for the euro area
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Income uncertainty and household savings in China
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It's all in the timing: Cash transfers and consumption smoothing in a developing country
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Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence
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Solving the income fluctuation problem with unbounded rewards
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Life-cycle wealth accumulation and consumption insurance
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Why old-age poverty matters: Evidence from consumption responses to income shocks
inferred← citeshttps://doi.org/10.1016/j.jmoneco.2022.05.003openalex-snapshot
How much consumption insurance in the U.S.?
inferred← citeshttps://doi.org/10.1016/j.jmoneco.2025.103748openalex-snapshot
Advance information and consumption insurance: Evidence and structural estimation
inferred← citeshttps://doi.org/10.1016/j.jmoneco.2025.103781openalex-snapshot
Wealth taxation and life expectancy
inferred← citeshttps://doi.org/10.1016/j.labeco.2024.102645openalex-snapshot
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Unequal we stand: An empirical analysis of economic inequality in the United States, 1967–2006
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Should unemployment insurance be asset tested?
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Complete markets strikes back: Is the reduced-form measure of consumption insurance reliable?
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Income changes and consumption: Evidence from the 2013 federal government shutdown
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Health and Earnings: a General Equilibrium Evaluation
inferred← citeshttps://doi.org/10.1016/s0169-7218(11)02407-5openalex-snapshot
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The Effects of Public Sector Employment on Household Savings and Labor Supply
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Higher-order income dynamics with linked regression trees
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Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare
inferred← citeshttps://doi.org/10.1093/qje/qjy021openalex-snapshot
Regional Heterogeneity and the Refinancing Channel of Monetary Policy*
inferred← citeshttps://doi.org/10.1093/rapstu/raaa009openalex-snapshot
How Does Household Spending Respond to an Epidemic? Consumption during the 2020 COVID-19 Pandemic
inferred← citeshttps://doi.org/10.1093/restud/rdae052openalex-snapshot
Consumption Quality and Employment Across the Wealth Distribution
inferred← citeshttps://doi.org/10.1093/restud/rdx060openalex-snapshot
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inferred← citeshttps://doi.org/10.1093/rfs/hhae058openalex-snapshot
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The Persistence of Financial Distress
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TRADE SHOCKS AND HIGHER‐ORDER EARNINGS RISK IN LOCAL LABOR MARKETS
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Self‐Insurance and Self‐Protection as Public Goods
inferred← citeshttps://doi.org/10.1111/jeea.12105openalex-snapshot
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inferred← citeshttps://doi.org/10.1111/roiw.70018openalex-snapshot
Is Subjective Well‐Being Insured Against Income Shocks? Evidence From 20‐Year Panel Data in South Korea
inferred← citeshttps://doi.org/10.1162/rest_a_01157openalex-snapshot
Transmission of Income Variations to Consumption Variations: The Role of the Firm
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inferred← citeshttps://doi.org/10.1920/wp/ifs.2024.0124openalex-snapshot
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inferred← citeshttps://doi.org/10.20955/wp.2017.038openalex-snapshot
The Persistence of Financial Distress
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Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk
inferred← citeshttps://doi.org/10.21034/sr.485openalex-snapshot
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inferred← citeshttps://doi.org/10.21144/wp17-14openalex-snapshot
The Persistence of Financial Distress
inferred← citeshttps://doi.org/10.21144/wp19-13openalex-snapshot
Consumption in the Great Recession: The Financial Distress Channel
inferred← citeshttps://doi.org/10.21144/wp20-12openalex-snapshot
Household Financial Distress and the Burden of 'Aggregate' Shocks
inferred← citeshttps://doi.org/10.2139/ssrn.1697784openalex-snapshot
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inferred← citeshttps://doi.org/10.2139/ssrn.2157913openalex-snapshot
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inferred← citeshttps://doi.org/10.2139/ssrn.2270897openalex-snapshot
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inferred← citeshttps://doi.org/10.2139/ssrn.3740240openalex-snapshot
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inferred← citeshttps://doi.org/10.2139/ssrn.3794357openalex-snapshot
Tighter Credit and Consumer Bankruptcy Insurance
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inferred← citeshttps://doi.org/10.3386/w21667openalex-snapshot
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inferred← citeshttps://doi.org/10.3386/w26949openalex-snapshot
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inferred← citeshttps://doi.org/10.3386/w27348openalex-snapshot
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inferred← citeshttps://doi.org/10.3390/jrfm15100481openalex-snapshot
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Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence
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