46See Blundell, Pistaferri, and Preston (2008), Broda and Parker (2014), Kreiner, Lassen, and Leth-Petersen (2012), Jappelli and Pistaferri (2014), Johnson, Parker, and Souleles (2006), Agarwal, Liu, and Souleles (2007) and Blundell, Pistaferri, and Saporta-Eksten (2016)