| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27348 |
| 来源ID | Working Paper 27348 |
| Why Does Consumption Fluctuate in Old Age and How Should the Government Insure It? | |
| Richard Blundell; Margherita Borella; Jeanne Commault; Mariacristina De Nardi | |
| 发表日期 | 2020-06-15 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | In old age, consumption can fluctuate because of shocks to available resources and because health shocks affect utility from consumption. We find that even temporary drops in income and health are associated with drops in consumption and most of the effect of temporary drops in health on consumption stems from the reduction in the marginal utility from consumption that they generate. More precisely, after a health shock, richer households adjust their consumption of luxury goods because their utility of consuming them changes. Poorer households, instead, adjust both their necessary and luxury consumption because of changing resources and utility from consumption. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Public Economics ; Taxation ; National Fiscal Issues |
| URL | https://www.nber.org/papers/w27348 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585021 |
| 推荐引用方式 GB/T 7714 | Richard Blundell,Margherita Borella,Jeanne Commault,et al. Why Does Consumption Fluctuate in Old Age and How Should the Government Insure It?. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27348.pdf（524KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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