Christopher D. Carroll

Johns Hopkins University - Department of Economics

3400 Charles Street

Baltimore, MD 21218-2685

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

31

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SSRN CITATIONS
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241

CROSSREF CITATIONS

1,235

Scholarly Papers (31)

1.

The Distribution of Wealth and the Marginal Propensity to Consume

ECB Working Paper No. 1655
Number of pages: 34 Posted: 20 Mar 2014
Christopher D. Carroll, Jiri Slacalek and Kiichi Tokuoka
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and Ministry of Finance - Japan
Downloads 368 (88,234)
Citation 22

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MPC, wealth inequality, consumption dynamics, microfoundations

Dissecting Saving Dynamics: Measuring Wealth, Precautionary and Credit Effects

ECB Working Paper No. 1474
Number of pages: 52 Posted: 30 Oct 2019
Christopher D. Carroll, Jiri Slacalek and Martin Sommer
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and International Monetary Fund (IMF) - Research Department
Downloads 125 (247,359)

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Consumption, Saving, Wealth, Credit, Uncertainty

Dissecting Saving Dynamics: Measuring Wealth, Precautionary, and Credit Effects

IMF Working Paper No. 12/219
Number of pages: 48 Posted: 01 Nov 2012
Christopher D. Carroll, Jiri Slacalek and Martin Sommer
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and International Monetary Fund (IMF) - Research Department
Downloads 35 (494,703)

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Saving, Wealth, Credit, Uncertainty, Credit Restraint, Economic Models, Income, Private Savings

Dissecting Saving Dynamics: Measuring Wealth, Precautionary, and Credit Effects

NBER Working Paper No. w26131
Number of pages: 36 Posted: 07 Aug 2019
Christopher D. Carroll, Jiri Slacalek and Martin Sommer
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and International Monetary Fund (IMF) - Research Department
Downloads 6 (691,187)
Citation 7
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3.

How Large is the Housing Wealth Effect? a New Approach

NBER Working Paper No. w12746
Number of pages: 21 Posted: 13 Dec 2006 Last Revised: 14 May 2007
Christopher D. Carroll, Misuzu Otsuka and Jiri Slacalek
Johns Hopkins University - Department of Economics, Johns Hopkins University - Department of Economics and European Central Bank (ECB)
Downloads 135 (232,320)
Citation 1

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4.

A Theory of the Consumption Function, with and Without Liquidity Constraints (Expanded Version)

NBER Working Paper No. w8387
Number of pages: 34 Posted: 20 Jul 2001 Last Revised: 25 Sep 2001
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 98 (292,643)
Citation 12

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5.

Consumption Growth Parallels Income Growth: Some New Evidence

NBER Working Paper No. w3090
Number of pages: 68 Posted: 17 Jan 2002
Christopher D. Carroll and Lawrence H. Summers
Johns Hopkins University - Department of Economics and Harvard University
Downloads 96 (296,558)
Citation 3

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A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds

Peterson Institute for International Economics Working Paper No. 09-10
Number of pages: 36 Posted: 15 Oct 2009
Olivier Jeanne and Christopher D. Carroll
International Monetary Fund (IMF) - Research Department and Johns Hopkins University - Department of Economics
Downloads 61 (389,965)
Citation 1

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Buffer Stock Saving, Net Foreign Assets, Sovereign Wealth Funds, Foreign Exchange Reserves, Small Open Economy

A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds

NBER Working Paper No. w15228
Number of pages: 45 Posted: 18 Aug 2009 Last Revised: 12 Aug 2010
Christopher D. Carroll and Olivier Jeanne
Johns Hopkins University - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 28 (533,040)

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A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds

CEPR Discussion Paper No. DP7449
Number of pages: 39 Posted: 07 Oct 2009
Christopher D. Carroll and Olivier Jeanne
Johns Hopkins University - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 6 (691,187)
Citation 2
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Buffer Stock Saving, Capital Flows, Foreign Exchange Reserves, Net Foreign Assets, Small Open Economy, Sovereign Wealth Funds

7.

How Large are Housing and Financial Wealth Effects? A New Approach

ECB Working Paper No. 1283
Number of pages: 34 Posted: 06 Jan 2011
Christopher D. Carroll, Jiri Slacalek and Misuzu Otsuka
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and affiliation not provided to SSRN
Downloads 89 (311,133)
Citation 15

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Housing Wealth, Wealth Effect, Consumption Dynamics, Asset Prices

8.

Saving and Growth: A Reinterpretation

NBER Working Paper No. w4470
Number of pages: 100 Posted: 18 May 2000 Last Revised: 20 Sep 2010
Christopher D. Carroll and David N. Weil
Johns Hopkins University - Department of Economics and Brown University - Department of Economics
Downloads 89 (311,133)
Citation 9

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9.

Portfolios of the Rich

NBER Working Paper No. w7826
Number of pages: 43 Posted: 01 Aug 2000 Last Revised: 05 Mar 2010
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 88 (313,405)
Citation 9

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10.

Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis

NBER Working Paper No. w5788
Number of pages: 65 Posted: 14 Apr 1997 Last Revised: 10 May 2000
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 84 (322,529)
Citation 29

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11.

Theoretical Foundations of Buffer Stock Saving

NBER Working Paper No. w10867
Number of pages: 43 Posted: 28 Oct 2004 Last Revised: 12 Sep 2010
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 75 (344,777)
Citation 1

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12.

The Distribution of Wealth and the MPC: Implications of New European Data

ECB Working Paper No. 1648
Number of pages: 24 Posted: 15 Mar 2014
Christopher D. Carroll, Jiri Slacalek and Kiichi Tokuoka
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and Ministry of Finance - Japan
Downloads 66 (369,560)
Citation 5

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MPC, wealth inequality, consumption dynamics, liquid assets, cross-country comparisons

13.

Liquidity Constraints and Precautionary Saving

NBER Working Paper No. w8496
Number of pages: 42 Posted: 29 Sep 2001 Last Revised: 24 Oct 2010
Christopher D. Carroll and Miles S. Kimball
Johns Hopkins University - Department of Economics and University of Michigan at Ann Arbor - Department of Economics
Downloads 63 (378,595)

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International Evidence on Sticky Consumption Growth

ECB Working Paper No. 886
Number of pages: 39 Posted: 19 Mar 2008
Christopher D. Carroll, Jiri Slacalek and Martin Sommer
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and International Monetary Fund (IMF) - Research Department
Downloads 43 (457,708)

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Sticky Expectations, Consumption Dynamics, Habit Formation

International Evidence on Sticky Consumption Growth

NBER Working Paper No. w13876
Number of pages: 30 Posted: 19 Mar 2008 Last Revised: 04 Apr 2008
Christopher D. Carroll, Jiri Slacalek and Martin Sommer
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and International Monetary Fund (IMF) - Research Department
Downloads 18 (600,509)

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International Evidence on Sticky Consumption Growth

CFS Working Paper No. 2008/09
Posted: 26 Sep 2008
Christopher D. Carroll, Jiri Slacalek and Martin Sommer
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and International Monetary Fund (IMF) - Research Department

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Sticky Expectations, Consumption Dynamics, Habit Formation

15.

Why Do the Rich Save so Much?

NBER Working Paper No. w6549
Number of pages: 32 Posted: 10 Jun 2000 Last Revised: 10 Apr 2008
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 61 (384,709)
Citation 36

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16.

How Important is Precautionary Saving?

NBER Working Paper No. w5194
Number of pages: 57 Posted: 06 Sep 2000 Last Revised: 22 Sep 2010
Christopher D. Carroll and Andrew A. Samwick
Johns Hopkins University - Department of Economics and Dartmouth College - Department of Economics
Downloads 47 (433,180)
Citation 8

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Unemployment Expectations, Jumping (S,S) Triggers, and Household Balance Sheets

NBER Working Paper No. w6081
Number of pages: 54 Posted: 11 Jun 2000 Last Revised: 06 Oct 2010
Christopher D. Carroll and Wendy E. Dunn
Johns Hopkins University - Department of Economics and Board of Governors of the Federal Reserve - Household and Business Spending Section
Downloads 40 (471,052)
Citation 2

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Unemployment, Expectations, Jumping (S,S) Triggers, and Household Balance Sheets

NBER Macroeconomics Annual, 1997
Posted: 16 Feb 1998
Christopher D. Carroll and Wendy E. Dunn
Johns Hopkins University - Department of Economics and Board of Governors of the Federal Reserve - Household and Business Spending Section

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Precautionary Saving and the Marginal Propensity to Consume Out of Permanent Income

Number of pages: 21 Posted: 13 Apr 2001
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 21 (579,264)
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Precautionary Saving and the Marginal Propensity to Consume Out of Permanent Income

NBER Working Paper No. w8233
Number of pages: 21 Posted: 12 Aug 2009 Last Revised: 21 Oct 2010
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 18 (600,509)
Citation 5

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19.

'Risky Habits' and the Marginal Propensity to Consume Out of Permanent Income, or, How Much Would a Permanent Tax Cut Boost Japanese Consumption?

NBER Working Paper No. w7839
Number of pages: 35 Posted: 10 Oct 2000 Last Revised: 01 Apr 2001
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 39 (465,555)
Citation 3

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20.

Individual Learning About Consumption

NBER Working Paper No. w8234
Number of pages: 20 Posted: 13 Apr 2001 Last Revised: 21 Oct 2010
Todd W. Allen and Christopher D. Carroll
PriceWaterhouseCoopers LLP - New York Office and Johns Hopkins University - Department of Economics
Downloads 35 (483,356)
Citation 3

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21.

The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems

NBER Working Paper No. t0309
Number of pages: 14 Posted: 06 Jul 2005
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 34 (488,050)
Citation 26

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22.

The Epidemiology of Macroeconomic Expectations

NBER Working Paper No. w8695
Number of pages: 49 Posted: 20 Dec 2001
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 34 (488,050)
Citation 2

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23.

Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation)

NBER Working Paper No. w6298
Number of pages: 38 Posted: 25 May 2006 Last Revised: 07 Oct 2010
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 32 (497,799)
Citation 3

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24.
Downloads 30 (507,918)
Citation 7

Sticky Expectations and Consumption Dynamics

ECB Working Paper No. 2152
Number of pages: 84 Posted: 29 May 2018
Johns Hopkins University - Department of Economics, Board of Governors of the Federal Reserve System, European Central Bank (ECB), Ministry of Finance - Japan and University of Delaware - Economics
Downloads 23 (565,494)

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Consumption, Sticky Expectations, Habits, Inattention, Imperfect Information

Sticky Expectations and Consumption Dynamics

NBER Working Paper No. w24377
Number of pages: 61 Posted: 06 Mar 2018
Johns Hopkins University - Department of Economics, Board of Governors of the Federal Reserve System, European Central Bank (ECB), Ministry of Finance - Japan and University of Delaware - Economics
Downloads 7 (683,331)
Citation 5

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25.

Does Cultural Origin Affect Saving Behavior? Evidence from Immigrants

NBER Working Paper No. w6568
Number of pages: 25 Posted: 14 Aug 2000
Christopher D. Carroll, Byung-Kun Rhee and Changyong Rhee
Johns Hopkins University - Department of Economics, Kyungsung University and Asian Development Bank
Downloads 30 (507,918)
Citation 1

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26.

Buffer-Stock Saving in a Krusell-Smith World

Number of pages: 29 Posted: 11 Feb 2014
Christopher D. Carroll, Jiri Slacalek and Kiichi Tokuoka
Johns Hopkins University - Department of Economics, European Central Bank (ECB) and Ministry of Finance - Japan
Downloads 29 (513,165)
Citation 2

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microfoundations of macroeconomics, household income process, aggregate uncertainty, wealth inequality

27.

The Nature of Precautionary Wealth

NBER Working Paper No. w5193
Number of pages: 59 Posted: 13 Jun 2000 Last Revised: 22 Sep 2010
Christopher D. Carroll and Andrew A. Samwick
Johns Hopkins University - Department of Economics and Dartmouth College - Department of Economics
Downloads 29 (513,165)
Citation 22

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28.

A Tractable Model of Buffer Stock Saving

NBER Working Paper No. w15265
Number of pages: 36 Posted: 25 Aug 2009 Last Revised: 18 Sep 2010
Christopher D. Carroll and Patrick Toche
Johns Hopkins University - Department of Economics and City University of Hong Kong (CityUHK) - Department of Economics & Finance
Downloads 27 (524,139)

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29.

Comparison Utility in a Growth Model

NBER Working Paper No. w6138
Number of pages: 42 Posted: 19 Jan 1998 Last Revised: 07 May 2000
Christopher D. Carroll, Jody R. Overland and David N. Weil
Johns Hopkins University - Department of Economics, Independent and Brown University - Department of Economics
Downloads 26 (529,957)
Citation 3

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30.

On the Concavity of the Consumption Function

Posted: 10 Oct 1998
Christopher D. Carroll and Miles S. Kimball
Johns Hopkins University - Department of Economics and University of Michigan at Ann Arbor - Department of Economics

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31.

Saving and Growth with Habit Formation

Working Paper No 95-42
Posted: 23 Aug 1998
Christopher D. Carroll, Jody R. Overland and David N. Weil
Johns Hopkins University - Department of Economics, Independent and Brown University - Department of Economics

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