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Income, Saving, and the Theory of Consumer Behavior
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The article was published on 1949-01-01 and is currently open access. It has received 2738 citations till now. The article focuses on the topics: Permanent income hypothesis & Marginal propensity to save.read more
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Does centralized residence promote the use of cleaner cooking fuels? Evidence from rural China
TL;DR: In this article, the authors investigated the effect of RCR on households' choice of clean cooking fuels by applying the instrumental variable approach on a dataset with 3685 observations in Sichuan Province.
Arbitrage, State Prices and Portfolio Theory Handbook of the Economics of Finance
Philip H. Dybvig,Stephen A. Ross +1 more
TL;DR: In this paper, the authors consider the portfolio choice problem in a single-period context, where the assumption of a single good is replaced by the assumption that there are multiple goods in the portfolio.
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Intertemporal Choice and Income Regularity: Non-Fungibility in a Lab-in-the-Field Experiment
Berber Kramer,David Kunst +1 more
TL;DR: This article found that participants allocated milk payments to the later of the two dates but allocated the windfall to the earlier date, indicating that participants planning to use milk payments for smaller, more frequent purchases were less likely to defer payments.
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Aggregate consumption and debt accumulation: an empirical examination of US household behaviour
TL;DR: In this article, the authors draw attention to an alternative, post-Keynesian account of consumption spending in which current income, household borrowing and household indebtedness all affect current consumption.