2000•SSRN Electronic JournalOpen access

Can Buffer Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption?

Alexander Michaelides, Sydney C. Ludvigson

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Key concepts: Stock (firearms), Buffer (optical fiber), Economics, Sensitivity (control systems), Econometrics, Consumption (sociology), Monetary economics, Computer science

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Can Buffer Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption? — Research Paper | ScholarLens