@techreport{NBERw12994, title = "Risk Sharing in Private Information Models with Asset Accumulation: Explaining the Excess Smoothness of Consumption", author = "Orazio Attanasio and Nicola Pavoni", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "12994", year = "2007", month = "March", URL = "http://www.nber.org/papers/w12994", }