Construct · 1 fields · 1 citations

retirement-consumption puzzle: a standalone construct

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Household finance

the drop in spending at retirement, largely explained by more home production and time spent shopping.

In household finance, retirement-consumption puzzle refers to the drop in spending at retirement, largely explained by more home production and time spent shopping. This meaning comes from Aguiar (2005) in Journal of Political Economy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

household finance1 fields · 1 citationsanchor · a standalone construct household production1 fields · 1 citationsanchor · a standalone construct

References

Aguiar, M., & Hurst, E. (2005). Consumption versus Expenditure. Journal of Political Economy, 113(5), 919-948. https://doi.org/10.1086/491590

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