Construct · 1 fields · 1 citations

consumption insurance: a standalone construct

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Household finance

the degree to which households shield consumption from permanent and transitory income shocks.

In household finance, consumption insurance refers to the degree to which households shield consumption from permanent and transitory income shocks. This meaning comes from Blundell (2008) in American Economic Review.[1]

Unit
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Nearby constructs

consumption3 fields · 5 citationsjingle · one word, three constructs degree1 fields · 1 citationsanchor · a standalone construct household finance1 fields · 1 citationsanchor · a standalone construct

References

Blundell, R., Pistaferri, L., & Preston, I. (2008). Consumption Inequality and Partial Insurance. American Economic Review, 98(5), 1887-1921. https://doi.org/10.1257/aer.98.5.1887

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