What is consumption smoothing? How does insurance help people smooth consumption?

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Public Finance and Public Policy

ISBN: 978-1429278454

4th edition

Authors: Jonathan Gruber

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Question Posted: Apr 25, 2015 07:39 AM

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What is consumption smoothing? How does insurance help people smooth consumption?

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Consumption smoothing refers to peoples efforts to have appr...View the full answer

Public Finance and Public Policy

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