Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
create a website

Taxation of Labor Income and the Demand For Risky Assets. (1991). Kimball, Miles ; Elmendorf, Douglas.
In: NBER Working Papers.
RePEc:nbr:nberwo:3904.

Full description at Econpapers || Download paper

Cited: 15

Citations received by this document

Cites: 42

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Beyond optimality: Managing children, assets, and consumption over the life cycle. (2008). Bonneuil, Noel ; Saint-Pierre, Patrick.
    In: Journal of Mathematical Economics.
    RePEc:eee:mateco:v:44:y:2008:i:3-4:p:227-241.

    Full description at Econpapers || Download paper

  2. Precautionary saving and portfolio allocation: DP by GMM. (2001). Smith, Gregor ; Letendre, Marc-Andre.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:48:y:2001:i:1:p:197-215.

    Full description at Econpapers || Download paper

  3. A simple model of multiple equilibria based on risk. (1999). Costain, James.
    In: Economics Working Papers.
    RePEc:upf:upfgen:407.

    Full description at Econpapers || Download paper

  4. Portfolio Allocation of Precautionary Assets: Panel Evidence for the United States. (1999). Kazarosian, Mark ; Chakraborty, Atreya.
    In: Boston College Working Papers in Economics.
    RePEc:boc:bocoec:432.

    Full description at Econpapers || Download paper

  5. Precautionary Motives and Portfolio Decisions. (1997). Hochgurtel, S.
    In: Other publications TiSEM.
    RePEc:tiu:tiutis:a6aa05be-cbd8-4f92-ac8e-8614390d1bc1.

    Full description at Econpapers || Download paper

  6. Precautionary Motives and Portfolio Decisions. (1997). Hochgurtel, S..
    In: Discussion Paper.
    RePEc:tiu:tiucen:a6aa05be-cbd8-4f92-ac8e-8614390d1bc1.

    Full description at Econpapers || Download paper

  7. Precautionary portfolio behavior from a life-cycle perspective. (1997). Haliassos, Michael ; Bertaut, Carol C..
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:21:y:1997:i:8-9:p:1511-1542.

    Full description at Econpapers || Download paper

  8. Precautionary Portfolio Behavior from a Life-Cycle Perspective. (1996). Haliassos, Michael ; Bertaut, Carol C..
    In: Finance.
    RePEc:wpa:wuwpfi:9604001.

    Full description at Econpapers || Download paper

  9. Taxes, uncertainty, and long-term growth. (1996). Smith, William T..
    In: European Economic Review.
    RePEc:eee:eecrev:v:40:y:1996:i:8:p:1647-1664.

    Full description at Econpapers || Download paper

  10. How Important is Precautionary Saving?. (1995). Samwick, Andrew ; Carroll, Christopher.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5194.

    Full description at Econpapers || Download paper

  11. Changes in Background Risk and Risk Taking Behavior. (1994). Schlesinger, Harris ; Gollier, Christian ; EECKHOUDT, LOUIS.
    In: Working Papers.
    RePEc:wop:riskar:005.

    Full description at Econpapers || Download paper

  12. Épargne de précaution et revenu de travail incertain : un survol de la littérature. (1993). Normandin, Michel.
    In: L'Actualité Economique.
    RePEc:ris:actuec:v:69:y:1993:i:4:p:347-364.

    Full description at Econpapers || Download paper

  13. The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving. (1993). Zeldes, Stephen ; Skinner, Jonathan ; Hubbard, Robert.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:4516.

    Full description at Econpapers || Download paper

  14. Standard Risk Aversion. (1991). Kimball, Miles.
    In: NBER Technical Working Papers.
    RePEc:nbr:nberte:0099.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Absan, Syed M., Taxation in a Two-Period Temporal Model of Consumption and Portfolio Allo- cation, Journal of Public Economics, 5 (April-May, 1976), 337-352.
    Paper not yet in RePEc: Add citation now
  2. Auerbach, Man J. and Laurence J. Kotlikoff, Dynamic Fiscal Policy (Cambridge: Cambridge University Press, 1987).
    Paper not yet in RePEc: Add citation now
  3. Barro, Robert J., Are Government Donds Net Wealth? Journal of Political Economy 82 (Novem- ber/December, 1974), 1095-1117.
    Paper not yet in RePEc: Add citation now
  4. Barsky, Robert B., N. Gregory Mankiw, and Stephen P. Zeldes, Ricardian Consumers with Key- nesian Propensities, American Economic Review, 70 (September, 1986), 676-691.

  5. Breeden, Douglas T., Consumption, Production, Inflation and Interest Rates: A Synthesis, Jour- nal of Financial Economics, 16 (1986), 3-39.

  6. Caballero, Ricardo, Consumption Puzzles and Precautionary Savings, Journal of Monetary Eco- nomics, 24 (1990).

  7. Chan, Louis Kuo Clii, Uncertainty and Neutrality of Government Financing Policy, Journal of Monetary Economics 11 (May 1983): 351-372.

  8. Davies, James and John Whalley, Taxes and Capital Formation: How Important is Human Cap- ital? ch. 6 in National Saving and Economic Performance, eds. B. Douglas Bernheim and John B. Shoven (Chicago: University of Chicago Press, 1991).

  9. Domar, Evsey D. and Richard A. Musgrave, Proportional Income Taxation and Risk-Taking, Quarterly Journal of Economics 58 (1944), 388-422.

  10. Driffill, H. J. and Harvey S. Rosen, Taxation and Excess Burden: A Life-Cycle Perspective, International Economic Review, 24 (October, 1983), 671-683.

  11. DrIze, Jacques H., and Franco Modigliani, Consumption Decisions Under Uncertalnty, Journal of Economic Theory, 5 (1972), 308-335.

  12. Eaton, Jonathan, and harvey S. Rosen, Taxation, Human Capital, and Uncertainty, American Economic Review, 70 (September, 1980), 705-715.

  13. Feldstein, Martin, Capital Taxation, (Cambridge: Harvard University Press, 1983).

  14. Feldstein, Martin, The Effects of Taxation on Risk Taking, Journal of Political Economy, 77 (Sept.-Oct. 1969), 755-764.

  15. Feldstein, Martin, The Optimal Level of Social Security Benefits, Quarterly Journal of Eco- nomics, 100 (1985), 303-320.

  16. Frankel, Jeffrey A., `Portfolio Crowding-Out, Empirically Estimated, Quarterly Journal of Eco- nomics, 100 (August, 1985), 1041-1066.

  17. Friedman, Benjamin lvi., Crowding Out or Crowding In? Economic Consequences of Financing Government Deficits, Brookings Papers on Economic Activity, 3:1978, 593-641.

  18. Friend, Irwin, and Marshall E. Blume, The Demand for Risky Assets, American Economic Re- view, 65 (December, 1975), 900-922.

  19. Grossman, Sanford J., and Robert J. Shiller, Consumption Correlatedness and Risk Measurement in Economies with Non-Traded Assets and Heterogeneous Information, Journal of Financial Economics, 10 (July, 1982), 195-210.

  20. Hart, Oliver E., Some Negative Results on the Existence of Comparative Statics Results in Port- folio Theory, Review of Economic Studies, 42 (October, 1975), 615-621.
    Paper not yet in RePEc: Add citation now
  21. Jaffe, Adam B., Technological Opportunity and Spillovers of R & D, American Economic Review, 76 (December, 1986), 984-1001.

  22. Kanbur, S. hi., Risk Taking and Taxation: An Alternative Perspective, Journal of Public Eco- nomics, 15 (April, 1981), 163-184.

  23. Kaplow, Louis, A Note on Taxation as Social Insurance for Uncertain Labor Income, NBER Working Paper ~ 3708 (May, 1991).

  24. Kibistrom, Richard E., David Romer, and Steve Williams, Risk Aversion with Random Initial Wealth, Econometrica, 44 (1981), 911-920.

  25. Kimball, Miles S., and Phillipe Weil, Precautionary Saving and Consumption Smoothing over Time and Possibilities, mimeo, University of Michigan (1991).

  26. Kimball, Miles S., Precautionary Motives for Holding Assets, The New Palyrave Dictionary of Money and Finance (forthcoming) and NBER Working Paper 3586. Kimball, Miles S., and N. Gregory Mankiw, Precautionary Saving and the Timing of Taxes, Journal of Political Economy, 97 (August, 1989): 863-879.

  27. Kimball, Miles S., Precautionary Saving and the Marginal Propensity to Consume, NBER Work- ing Paper ~ 3403 (1990b).

  28. Kimball, Miles S., Precautionary Saving in the Small and in the Large, Econometrmca, 58 (Jan- uary 1990a), 53-73.

  29. Kimball, Miles S., Standard Risk Aversion, NBER Technical Working Paper 99 (1991).

  30. Leland, Hayne E., `Saving and Uncertainty: The Precautionary Demand for Saving,- Quarterly Journal of Economics, 82 (August, 1968), 465-473.

  31. MacDonald, Glenn M., The Ecovomics of Rising Stars, American Economic Review, 78 (March, 1988), 155-166.

  32. Marshall, Albert W. and Ingram 01km, Inequalities: Theory of Majorization and its Applications, Academic Press, New York (1979).
    Paper not yet in RePEc: Add citation now
  33. Nachman, D. C. (1982): Preservation of `More Risk Averse Under Expectations, Journal of Economic Theory, 28, 361-368.

  34. Pratt, John W., and Richard J. Zeckhanser, Proper Risk Aversion, Econometrica, 00 (January, 1987), 143-154.

  35. Pratt, John W., Risk Aversion in the Small and in the Large, Econometrics, 32 (January-April, 1964), 122-137.
    Paper not yet in RePEc: Add citation now
  36. Rothschild, Michasl and Joseph H. Stiglits, Increasing Risk II: Its Economic Consequences, Jour- nal of Economic Theory 3 (1971), 66-84.

  37. Sandmo, Agnar, Capital Risk, Consumption, and Portfolio Choice, Econometrico, 37 (1969), 586-599.

  38. Sandmo, Agnar, The Effect of Uncertainty on Saving Decisions, Review of Economic Studies, 37 (1970), 353-360.

  39. Sandmo, Agnar, The Effects of Taxation on Savings and Risk Taking, Handbook of Public Eco- nomics, A. J. Auerbacb and M. Feldstemn, eds. (Amsterdam: North-Roliaod, 1985).

  40. Sbleifer, Andrei and Robert W. Vishny, The Efficiency of Investment in the Presence of Aggregate Demand Spiliovers, Journal of Political Economy 96 (December, 1988), 1221-1231.
    Paper not yet in RePEc: Add citation now
  41. Varian, Hal R., Redistributive Taxation as Social Insurance, Journal of Public Economics, 14 (1980), 49-68.

  42. Well, Philippe, Precautionary Savings and the Permanent Income Hypothesis, mimeo, Ilarvard University (1991).
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. We are living on the cost of our children. (2011). Waqas, Muhammad ; Awan, Masood ; Aslam, Muhammad.
    In: MPRA Paper.
    RePEc:pra:mprapa:32044.

    Full description at Econpapers || Download paper

  2. Can Progressive Taxation Contribute to Economic Development?. (2008). Weller, Christian ; Rao, Manita .
    In: Working Papers.
    RePEc:uma:periwp:wp176.

    Full description at Econpapers || Download paper

  3. On the General Relativity of Fiscal Language. (2006). Kotlikoff, Laurence ; Green, Jerry.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12344.

    Full description at Econpapers || Download paper

  4. Precautionary Saving and Precautionary Wealth. (2006). Kimball, Miles ; Carroll, Christopher.
    In: Economics Working Paper Archive.
    RePEc:jhu:papers:530.

    Full description at Econpapers || Download paper

  5. Une politique budgétaire keynésienne neutralisant les stabilisateurs automatiques en haut de cycle : le cas de la France en 2000-2001. (2006). Gonand, Frederic.
    In: Working Papers.
    RePEc:hal:wpaper:hal-00243039.

    Full description at Econpapers || Download paper

  6. Une politique budgétaire keynésienne neutralisant les stabilisateurs automatiques en haut de cycle : le cas de la France en 2000-2001. (2006). Gonand, Frederic.
    In: Working Papers.
    RePEc:hal:wpaper:hal-00243038.

    Full description at Econpapers || Download paper

  7. Effect on potential growth of non-sustainable public debt dynamics: an application to France. (2005). Gonand, Frederic.
    In: Working Papers.
    RePEc:hal:wpaper:hal-00242973.

    Full description at Econpapers || Download paper

  8. Survival of the gene, intergenerational transfers and precautionary saving. (2005). Fan, C..
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:76:y:2005:i:2:p:451-479.

    Full description at Econpapers || Download paper

  9. Optimal dynamic taxation with indivisible labor. (2004). Basu, Parantap ; Renstrom, Thomas.
    In: Money Macro and Finance (MMF) Research Group Conference 2003.
    RePEc:mmf:mmfc03:78.

    Full description at Econpapers || Download paper

  10. Government Size and Output Volatility: New International Evidence. (2003). Koskela, Erkki ; Viren, Matti.
    In: Discussion Papers.
    RePEc:rif:dpaper:857.

    Full description at Econpapers || Download paper

  11. Fiscal Policy with Heterogeneous Agents and Incomplete Markets. (2003). Heathcote, Jonathan.
    In: Working Papers.
    RePEc:geo:guwopa:gueconwpa~03-03-23.

    Full description at Econpapers || Download paper

  12. An experimental analysis of two departures from Ricardian equivalence. (2003). Di Laurea, Davide .
    In: Economics Bulletin.
    RePEc:ebl:ecbull:v:8:y:2003:i:11:p:1-11.

    Full description at Econpapers || Download paper

  13. Precautionary Saving and Consumption Smoothing Across Time and Possibilities. (2003). Weil, Philippe ; Kimball, Miles.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:4005.

    Full description at Econpapers || Download paper

  14. When to Tax Labour?. (2002). Basu, Parantap ; Renstrom, Thomas I.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3456.

    Full description at Econpapers || Download paper

  15. Debt reduction and automatic stabilisation. (2002). Rostagno, Massimo ; Pérez, Javier ; HIEBERT, Paul .
    In: Economic Working Papers at Centro de Estudios Andaluces.
    RePEc:cea:doctra:e2002_12.

    Full description at Econpapers || Download paper

  16. The Risk Premium for Equity: Implications for the Proposed Diversification of the Social Security Fund. (2002). Quiggin, John ; Grant, Simon.
    In: American Economic Review.
    RePEc:aea:aecrev:v:92:y:2002:i:4:p:1104-1115.

    Full description at Econpapers || Download paper

  17. Generational Policy. (2001). Kotlikoff, Laurence.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:8163.

    Full description at Econpapers || Download paper

  18. The automatic fiscal stabilizers: quietly doing their thing - commentary. (2000). Blanchard, Olivier.
    In: Economic Policy Review.
    RePEc:fip:fednep:y:2000:i:apr:p:69-74:n:v.6no.1.

    Full description at Econpapers || Download paper

  19. A simple model of multiple equilibria based on risk. (1999). Costain, James.
    In: Economics Working Papers.
    RePEc:upf:upfgen:407.

    Full description at Econpapers || Download paper

  20. Consumption Growth, Income Growth and Earings Uncertainty: Simple Cross-Country Evidence. (1999). Hahm, Joon-Ho .
    In: International Economic Journal.
    RePEc:taf:intecj:v:13:y:1999:i:2:p:39-58.

    Full description at Econpapers || Download paper

  21. Government Debt. (1999). Mankiw, N. Gregory ; Elmendorf, Douglas.
    In: Scholarly Articles.
    RePEc:hrv:faseco:2643866.

    Full description at Econpapers || Download paper

  22. Fiscal Policy with Heterogeneous Agents and Incomplete Markets. (1999). Heathcote, Jonathan.
    In: SSE/EFI Working Paper Series in Economics and Finance.
    RePEc:hhs:hastef:0319.

    Full description at Econpapers || Download paper

  23. Risk sharing: private insurance markets or redistributive taxes?. (1999). Perri, Fabrizio ; Krueger, Dirk.
    In: Staff Report.
    RePEc:fip:fedmsr:262.

    Full description at Econpapers || Download paper

  24. The automatic fiscal stabilizers: quietly doing their thing. (1999). Follette, Glenn ; Cohen, Darrel .
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:1999-64.

    Full description at Econpapers || Download paper

  25. Income uncertainty and the demand for annuities. (1999). Strawczynski, Michel.
    In: Economics Letters.
    RePEc:eee:ecolet:v:63:y:1999:i:1:p:91-96.

    Full description at Econpapers || Download paper

  26. Portfolio Allocation of Precautionary Assets: Panel Evidence for the United States. (1999). Kazarosian, Mark ; Chakraborty, Atreya.
    In: Boston College Working Papers in Economics.
    RePEc:boc:bocoec:432.

    Full description at Econpapers || Download paper

  27. Birth, Death, and Consumption: Overlapping Generations and the Random Walk Hypothesis. (1998). Smith, William T..
    In: International Economic Journal.
    RePEc:taf:intecj:v:12:y:1998:i:4:p:105-116.

    Full description at Econpapers || Download paper

  28. Ahorro Privado en Chile. (1998). Hachette, Dominique .
    In: Latin American Journal of Economics-formerly Cuadernos de Economía.
    RePEc:ioe:cuadec:v:35:y:1998:i:104:p:3-48.

    Full description at Econpapers || Download paper

  29. Is altruism important for understanding the long-run effects of social security?. (1997). Fuster, Luisa.
    In: Economics Working Papers.
    RePEc:upf:upfgen:234.

    Full description at Econpapers || Download paper

  30. Modelling and measuring income uncertainty in life cycle models. (1997). Pemberton, James .
    In: Economic Modelling.
    RePEc:eee:ecmode:v:14:y:1997:i:1:p:81-98.

    Full description at Econpapers || Download paper

  31. Taxation of labor income and the demand for risky assets. (1996). Kimball, Miles ; Elmendorf, Douglas.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:96-32.

    Full description at Econpapers || Download paper

  32. Budget Deficits, Stochastic Population Size and Consumption. (1995). Becker, Torbjörn.
    In: SSE/EFI Working Paper Series in Economics and Finance.
    RePEc:hhs:hastef:0075.

    Full description at Econpapers || Download paper

  33. A measure of the sensitivity of saving to interest rate uncertainty with non-expected preferences. (1995). LANGLAIS, Eric.
    In: Economics Letters.
    RePEc:eee:ecolet:v:48:y:1995:i:3-4:p:325-330.

    Full description at Econpapers || Download paper

  34. Taxation and savings: a survey. (1994). Wildasin, David ; Boadway, Robin.
    In: Fiscal Studies.
    RePEc:ifs:fistud:v:15:y:1994:i:3:p:19-63.

    Full description at Econpapers || Download paper

  35. Épargne de précaution et revenu de travail incertain : un survol de la littérature. (1993). Normandin, Michel.
    In: L'Actualité Economique.
    RePEc:ris:actuec:v:69:y:1993:i:4:p:347-364.

    Full description at Econpapers || Download paper

  36. Explaining financial market facts: the importance of incomplete markets and transaction costs. (1993). Aiyagari, S..
    In: Quarterly Review.
    RePEc:fip:fedmqr:y:1993:i:win:p:17-31:n:v.17no.1.

    Full description at Econpapers || Download paper

  37. Precautionary Saving and Consumption Smoothing Across Time and Possibilities. (1992). Weil, Philippe ; Kimball, Miles.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:3976.

    Full description at Econpapers || Download paper

  38. Taxation of Labor Income and the Demand For Risky Assets. (1991). Kimball, Miles ; Elmendorf, Douglas.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:3904.

    Full description at Econpapers || Download paper

  39. Information-aggregation bias. (1991). Goodfriend, Marvin.
    In: Working Paper.
    RePEc:fip:fedrwp:91-06.

    Full description at Econpapers || Download paper

  40. Public Sector Dynamics. (1990). Auerbach, Alan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:3508.

    Full description at Econpapers || Download paper

  41. Precautionary Saving and the Marginal Propensity to Consume. (1990). Kimball, Miles.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:3403.

    Full description at Econpapers || Download paper

  42. The Ricardian Approach to Budget Deficits. (1988). Barro, Robert.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:2685.

    Full description at Econpapers || Download paper

  43. The Implications of Insurance for the Efficacy of Fiscal Policy. (1988). Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:2517.

    Full description at Econpapers || Download paper

  44. Risky Income, Life Cycle Consumption, and Precautionary Savings. (1987). Skinner, Jonathan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:2336.

    Full description at Econpapers || Download paper

  45. An Analysis of Fiscal Policy Under Operative and Inoperative Bequest Motives. (1987). Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:2298.

    Full description at Econpapers || Download paper

  46. Finite Lifetimes, Borrowing Constraints, and Short-Run Fiscal Policy. (1987). Judd, Kenneth ; Hubbard, Robert.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:2158.

    Full description at Econpapers || Download paper

  47. The Effects of Fiscal Policies When Incomes are Uncertain: A Contradiction to Ricardian Equivalence. (1986). Feldstein, Martin.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:2062.

    Full description at Econpapers || Download paper

  48. The Failure of Ricardian Equivalence Under Progressive Wealth Taxation. (1986). Abel, Andrew.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:1983.

    Full description at Econpapers || Download paper

  49. Are Tax Cuts Really Expansionary?. (1984). Summers, Lawrence ; Mankiw, N. Gregory.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:1443.

    Full description at Econpapers || Download paper

  50. When to Tax Labor?. (). Basu, Parantap ; Renstrom, Thomas.
    In: Wallis Working Papers.
    RePEc:roc:wallis:wp28.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-15 17:10:03 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.