Are assets fungible? Testing the behavioral theory of life|cycle savings

Are assets fungible? Testing the behavioral theory of life-cycle savings

3 The behavioral life-cycle model predicts that assets should not be fungible, implying that an individual's consumption decisions will be affected by asset ...

Are assets fungible?: Testing the behavioral theory of life-cycle ...

The behavioral life-cycle model predicts that assets should not be fungible, implying that an individual's consumption decisions will be affected by asset ...

(36) Levin, Laurence. "Are Assets Fungible? Testing the Behavioral ...

"Are Assets Fungible? Testing the Behavioral Theory of. Life Cycle Savings." Journal of Economic Behavior, 1998, 36:59-83. The paper empirically ...

Are assets fungible? Testing the behavioral theory of life-cycle savings

Journal of economic behavior & organization. , 1998, Vol.36(1), p.59-83 ,. Are assets fungible? Testing the behavioral theory of life-cycle savings Check for ...

Are assets fungible?: Testing the behavioral theory of life

Levin, Laurence, 1998. "Are assets fungible?: Testing the behavioral theory of life-cycle savings," Journal of Economic Behavior & Organization, Elsevier, ...

Are assets fungible? : Testing the behavioral theory of life-cycle ...

Are assets fungible? : Testing the behavioral theory of life-cycle savings ; Levin, Laurence · Journal of economic behavior & organization : JEBO. - Amsterdam [ ...

Levin, L. (1998) Are Assets Fungible Testing the Behavioral Theory ...

Levin, L. (1998) Are Assets Fungible Testing the Behavioral Theory of Life-Cycle Savings. Journal of Economic Behavior and Organization, 36, 59-83.

Are assets fungible?: Testing the behavioral theory of life-cycle ...

Are assets fungible?: Testing the behavioral theory of life-cycle savings ... Related works: This item may be available elsewhere in EconPapers: ...

A Behavioral Life-Cycle Approach to Understanding the Wealth Effect

“Are Assets Fungible? Testing the Behavioral Theory of Life-Cycle. Savings.” Journal of Economic Behavior & Organization. 36:59-83. Maki, Dean and Michael ...

Fungibility, Labels, and Consumption

(1998), 'Are assets fungible? Testing the behavioral theory of life-cycle savings', Journal of Economic Behavior & Organization 36, 59–83. Maciejovsky, B ...

THE BEHAVIORAL LIFE-CYCLE THEORY OF CONSUMER ...

assets to be fungible—that we address below. His ... life-cycle theory of saving ... 11 lump, it will be entered into the assets [saving] account, with a lower MPC.

WEALTH EFFECTS AND MACROECONOMIC DYNAMICS

Are assets fungible? Testing the behavioral theory of life-cycle savings. Journal of Economic. Behavior & Organization 36(1): 59–83. Ludwig, A. and Slok, T ...

The Life-Cycle Model of Consumption and Saving - jstor

443-77. Levin, Laurence. 1998. "Are Assets Fungible? Testing the Behavioral Theory of Life-Cycle Sav- ings." Journal of Economic Behavior and Organiza- tion.

Behavioral Life Cycle Theory - Management Study Guide

currently spendable income, current assets, and future income. This is different from the traditional life cycle theory was considered to be fungible. The ...

(PDF) The Behavioral Life-Cycle Hypothesis - Academia.edu

Are Assets Fungible? Testing the Behavioral Theory of Life-Cycle Savings ... In treating wealth as fungible, traditional life cycle theory makes an implicit frame ...

Fungibility: What It Means and Why It Matters - Investopedia

Fungible assets create a flow in trade and exchange processes because they're essentially equal in value. This can be a factor in healthy economies. A decrease ...

How large are housing and financial wealth effects? A new approach

Levin, Laurence (1998): Are Assets Fungible? Testing the Behavioral Theory of Life. Cycle Savings, Journal of Economic Behavior and Organization, 36, 59 83.

The lifecycle model of consumption and saving

34. Page 37. [46] Levin, Laurence (1998), ”Are Assets Fungible? Testing the Behavioral. Theory of Life-Cycle Savings”, Journal of Economic Behavior and Organi-.

The Life-Cycle Hypothesis and the Consumption Behavior of the ...

from a life-cycle model of saving. She adds to an ... The life-cycle hypothesis of saving: Aggregate implications and tests. ... Income, saving, and the theory of ...

social security, bequests, and the life cycle theory of saving

No matter how they are defined, assets are a decreasing function of the number of children--which casts doubt on the strength of the bequest motive. Finally, ...