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

36

DOWNLOADS
Rank 29,569

SSRN RANKINGS

Top 29,569

in Total Papers Downloads

3,248

SSRN CITATIONS
Rank 765

SSRN RANKINGS

Top 765

in Total Papers Citations

754

CROSSREF CITATIONS

1,169

Scholarly Papers (36)

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 414 (133,355)
Citation 31

Abstract:

Loading...

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 170 (324,963)

Abstract:

Loading...

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 53 (711,951)
Citation 3

Abstract:

Loading...

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 Last Revised: 27 May 2023
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 16 (1,032,038)
Citation 10

Abstract:

Loading...

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 111 (457,993)
Citation 1

Abstract:

Loading...

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: 10 Feb 2023
Christopher D. Carroll and Olivier Jeanne
Johns Hopkins University - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 41 (796,039)

Abstract:

Loading...

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 (1,137,562)
Citation 2
  • Add to Cart

Abstract:

Loading...

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

4.

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: 01 May 2022
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 156 (349,988)
Citation 1

Abstract:

Loading...

5.

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: 27 Oct 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 147 (367,440)
Citation 145

Abstract:

Loading...

6.

Consumption Growth Parallels Income Growth: Some New Evidence

NBER Working Paper No. w3090
Number of pages: 68 Posted: 17 Jan 2002 Last Revised: 12 Dec 2022
Christopher D. Carroll and Lawrence H. Summers
Johns Hopkins University - Department of Economics and Harvard University
Downloads 142 (377,609)
Citation 19

Abstract:

Loading...

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 132 (399,854)
Citation 18

Abstract:

Loading...

Housing Wealth, Wealth Effect, Consumption Dynamics, Asset Prices

8.

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: 04 Dec 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 130 (404,653)
Citation 45

Abstract:

Loading...

9.

Portfolios of the Rich

NBER Working Paper No. w7826
Number of pages: 43 Posted: 01 Aug 2000 Last Revised: 22 May 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 130 (404,653)
Citation 11

Abstract:

Loading...

10.

Saving and Growth: A Reinterpretation

NBER Working Paper No. w4470
Number of pages: 100 Posted: 18 May 2000 Last Revised: 19 Sep 2022
Christopher D. Carroll and David N. Weil
Johns Hopkins University - Department of Economics and Brown University - Department of Economics
Downloads 126 (414,312)
Citation 9

Abstract:

Loading...

11.

Why Do the Rich Save so Much?

NBER Working Paper No. w6549
Number of pages: 32 Posted: 10 Jun 2000 Last Revised: 29 Nov 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 107 (467,823)
Citation 16

Abstract:

Loading...

12.

Theoretical Foundations of Buffer Stock Saving

NBER Working Paper No. w10867
Number of pages: 43 Posted: 28 Oct 2004 Last Revised: 13 Mar 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 106 (470,940)
Citation 2

Abstract:

Loading...

13.

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 104 (477,534)
Citation 12

Abstract:

Loading...

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

14.

Liquidity Constraints and Precautionary Saving

NBER Working Paper No. w8496
Number of pages: 42 Posted: 29 Sep 2001 Last Revised: 19 Sep 2022
Christopher D. Carroll and Miles S. Kimball
Johns Hopkins University - Department of Economics and University of Colorado Boulder
Downloads 100 (490,422)
Citation 1

Abstract:

Loading...

15.
Downloads 99 (493,721)
Citation 6

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 63 (653,381)

Abstract:

Loading...

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: 02 Dec 2022
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 36 (835,728)

Abstract:

Loading...

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

Abstract:

Loading...

Sticky Expectations, Consumption Dynamics, Habit Formation

16.
Downloads 89 (528,616)
Citation 19

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 49 (738,465)

Abstract:

Loading...

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 Last Revised: 09 Feb 2023
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 40 (803,816)
Citation 12

Abstract:

Loading...

17.

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 81 (559,877)
Citation 5

Abstract:

Loading...

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

18.

How Important is Precautionary Saving?

NBER Working Paper No. w5194
Number of pages: 57 Posted: 06 Sep 2000 Last Revised: 13 Mar 2022
Christopher D. Carroll and Andrew A. Samwick
Johns Hopkins University - Department of Economics and Dartmouth College - Department of Economics
Downloads 74 (589,718)
Citation 14

Abstract:

Loading...

19.

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: 18 Sep 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 65 (631,969)
Citation 11

Abstract:

Loading...

20.

Individual Learning About Consumption

NBER Working Paper No. w8234
Number of pages: 20 Posted: 13 Apr 2001 Last Revised: 03 Jul 2022
Todd W. Allen and Christopher D. Carroll
PriceWaterhouseCoopers LLP - New York Office and Johns Hopkins University - Department of Economics
Downloads 60 (657,930)
Citation 6

Abstract:

Loading...

21.

Comparison Utility in a Growth Model

NBER Working Paper No. w6138
Number of pages: 42 Posted: 19 Jan 1998 Last Revised: 10 Oct 2022
Christopher D. Carroll, Jody R. Overland and David N. Weil
Johns Hopkins University - Department of Economics, Independent and Brown University - Department of Economics
Downloads 59 (663,292)
Citation 8

Abstract:

Loading...

22.

The Epidemiology of Macroeconomic Expectations

NBER Working Paper No. w8695
Number of pages: 49 Posted: 20 Dec 2001 Last Revised: 06 Oct 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 57 (674,242)
Citation 2

Abstract:

Loading...

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: 13 Feb 2022
Christopher D. Carroll and Wendy E. Dunn
Johns Hopkins University - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 57 (687,493)
Citation 2

Abstract:

Loading...

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 System

Abstract:

Loading...

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: 01 Jan 2023
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 33 (861,346)
Citation 6

Abstract:

Loading...

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 (977,088)
  • Add to Cart

Abstract:

Loading...

25.

'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: 04 Dec 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 54 (691,339)
Citation 3

Abstract:

Loading...

26.

The Nature of Precautionary Wealth

NBER Working Paper No. w5193
Number of pages: 59 Posted: 13 Jun 2000 Last Revised: 11 Sep 2022
Christopher D. Carroll and Andrew A. Samwick
Johns Hopkins University - Department of Economics and Dartmouth College - Department of Economics
Downloads 54 (691,339)
Citation 75

Abstract:

Loading...

27.
Downloads 52 (703,197)
Citation 8

Modeling the Consumption Response to the Cares Act

FEDS Working Paper No. 2020-77
Number of pages: 27 Posted: 04 Sep 2020
Christopher D. Carroll, Edmund Crawley, Jiri Slacalek and Matthew N. White
Johns Hopkins University - Department of Economics, Board of Governors of the Federal Reserve System, European Central Bank (ECB) and University of Delaware - Economics
Downloads 33 (861,346)

Abstract:

Loading...

Modeling the Consumption Response to the Cares Act

NBER Working Paper No. w27876
Number of pages: 32 Posted: 28 Sep 2020 Last Revised: 03 Mar 2023
Christopher D. Carroll, Edmund Crawley, Jiri Slacalek and Matthew N. White
Johns Hopkins University - Department of Economics, Board of Governors of the Federal Reserve System, European Central Bank (ECB) and University of Delaware - Economics
Downloads 19 (998,841)
Citation 2

Abstract:

Loading...

28.

A Tractable Model of Buffer Stock Saving

NBER Working Paper No. w15265
Number of pages: 36 Posted: 25 Aug 2009 Last Revised: 19 Mar 2023
Christopher D. Carroll and Patrick Toche
Johns Hopkins University - Department of Economics and City University of Hong Kong (CityU) - Department of Economics & Finance
Downloads 51 (709,443)

Abstract:

Loading...

29.

The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems

NBER Working Paper No. t0309
Number of pages: 14 Posted: 06 Jul 2005 Last Revised: 08 May 2022
Christopher D. Carroll
Johns Hopkins University - Department of Economics
Downloads 51 (709,443)
Citation 82

Abstract:

Loading...

30.

Does Cultural Origin Affect Saving Behavior? Evidence from Immigrants

NBER Working Paper No. w6568
Number of pages: 25 Posted: 14 Aug 2000 Last Revised: 14 Dec 2022
Christopher D. Carroll, Byung-Kun Rhee and Changyong Rhee
Johns Hopkins University - Department of Economics, Kyungsung University and Asian Development Bank
Downloads 51 (709,443)
Citation 1

Abstract:

Loading...

31.

Welfare and Spending Effects of Consumption Stimulus Policies

FEDS Working Paper No. 2023-2
Number of pages: 45 Posted: 05 May 2023
Christopher D. Carroll, Edmund Crawley and Hakon Tretvoll
Johns Hopkins University - Department of Economics, Board of Governors of the Federal Reserve System and University of Oslo
Downloads 35 (821,257)

Abstract:

Loading...

fiscal stimulus, consumption, mpc

32.

Epidemiological Expectations

NBER Working Paper No. w30605
Number of pages: 46 Posted: 01 Nov 2022 Last Revised: 14 Apr 2023
Christopher D. Carroll and Tao Wang
Johns Hopkins University - Department of Economics and Department of Economics, Johns Hopkins University
Downloads 11 (1,049,211)
Citation 1
  • Add to Cart

Abstract:

Loading...

33.

Households and Market Stability

Number of pages: 61 Posted: 07 Mar 2024
New York University School of Law, affiliation not provided to SSRN, Johns Hopkins University - Department of Economics, affiliation not provided to SSRN, Johns Hopkins University - Department of Economics and Pennsylvania State University, University Park
Downloads 3 (1,118,880)

Abstract:

Loading...

Agent Based Models, heterogeneous agent macroeconomics

34.

Unemployment Risk and Precautionary Wealth: Evidence from Households' Balance Sheets

FEDS Working Paper No. 1999-15
Posted: 08 Jul 2021
Christopher D. Carroll, Karen E. Dynan and Spencer D. Krane
Johns Hopkins University - Department of Economics, affiliation not provided to SSRN and Federal Reserve Bank of Chicago - Economic Research

Abstract:

Loading...

35.

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 Colorado Boulder

Abstract:

Loading...

36.

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

Abstract:

Loading...