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"Theoretical foundation of buffer stock saving" was published by National Bureau of Economic Research in 2004 - Cambridge, MA and the language of the book is English.


“Theoretical foundation of buffer stock saving” Metadata:

  • Title: ➤  Theoretical foundation of buffer stock saving
  • Author:
  • Language: English
  • Publisher: ➤  National Bureau of Economic Research
  • Publish Date:
  • Publish Location: Cambridge, MA

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Edition Specifications:

  • Format: Electronic resource

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"Theoretical foundation of buffer stock saving" Description:

The Open Library:

"'Buffer-stock' versions of the dynamic stochastic optimizing model of saving are now standard in the consumption literature. This paper builds theoretical foundations for rigorous understanding of the main characteristics of buffer stock models, including the existence of a target level of wealth and the proposition that aggregate consumption growth equals aggregate income growth in a small open economy populated by buffer stock consumers"--National Bureau of Economic Research web site.

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