Consumption, saving and habit formation

DOI10.1016/S0165-1765(97)00061-XzbMATH Open0895.90061OpenAlexW2098150133MaRDI QIDQ1389752FDOQ1389752

Annamaria Lusardi, Rob Alessie

Publication date: 30 June 1998

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1765(97)00061-x

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zbMATH Keywords

permanent incomehabit formationprecautionary saving

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Cites Work

• Consumption, saving and habit formation

Cited In (14)

• Consumption and saving with habit formation and durability.
• Consumption and habit formation when time horizon is finite
• Rational inattention and the dynamics of consumption and wealth in general equilibrium
• Life-cycle consumption under social interactions
• Welfare equivalent NNP and habit formation
• Solving consumption models with multiplicative habits
• Optimal consumption with reference-dependent preferences in on-the-job search and savings
• Individual learning about consumption
• The consumption-investment decision of a prospect theory household: a two-period model with an endogenous second period reference level
• Consumption, saving and habit formation
• CONSUMPTION (IN)EFFICIENCY AND FINANCIAL ACCOUNT MANAGEMENT
• Consumption habits and humps
• Cooperative and noncooperative extraction in a common pool with habit formation
• Consumption--leisure choice with habit formation

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