An edition of The absent-minded consumer (2004)

The absent-minded consumer

The absent-minded consumer
John Ameriks, John Ameriks
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Last edited by MARC Bot
December 13, 2020 | History
An edition of The absent-minded consumer (2004)

The absent-minded consumer

"We present evidence that many households have only a vague notion of what they are spending on various consumption items. We then develop a life-cycle model that captures this absent-mindedness'. The model generates precautionary spending, whereby absent-minded agents tend to consume more than attentive ones. The model also predicts fluctuations over time in the level of attention, and thereby sheds new light on the sharp reduction in consumption both at retirement, and in cyclical downturns. Finally, we find patterns of attention in the data that are consistent with those predicted by the model"--National Bureau of Economic Research web site.

Publish Date
Language
English

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Edition Availability
Cover of: The absent-minded consumer
The absent-minded consumer
2004, National Bureau of Economic Research
in English
Cover of: The absent-minded consumer
The absent-minded consumer
2004, National Bureau of Economic Research
Electronic resource in English

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Book Details


Edition Notes

Includes bibliographical references.
Title from PDF file as viewed on 1/18/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series ;, working paper 10216, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 10216.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3476480M
LCCN
2005616001

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December 13, 2020 Edited by MARC Bot import existing book
November 28, 2012 Edited by AnandBot Fixed spam edits.
November 23, 2012 Edited by 62.109.5.119 Edited without comment.
December 5, 2010 Edited by Open Library Bot Added subjects from MARC records.
December 10, 2009 Created by WorkBot add works page