Why Is Consumption So Smooth? (Article begins on next page) The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters. Citation Campbell, John, and Angus Deaton. 1989. Why is consumption so smooth? Review of Economic Studies 56(3): 357-373. Published Version doi:10.2307/2297552 Accessed February 27, 2013 1:01:07 AM EST Citable Link http://nrs.harvard.edu/urn-3:HUL.InstRepos:3221494 Terms of Use This article was downloaded from Harvard University's DASH repository, and is made available under the terms and conditions applicable to Other Posted Material, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of- use#LAA