Money and external habit persistence: a tale for chaos.

DOI10.1016/S0165-1765(02)00035-6zbMATH Open1100.91555OpenAlexW1523813576MaRDI QIDQ1603875FDOQ1603875

Authors: Stéphane Auray, F. Collard, Patrick Fève 

Publication date: 15 July 2002

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

Full work available at URL: https://doi.org/10.1016/s0165-1765(02)00035-6

Recommendations

• Habit formation and chaotic dynamics in an \(n\)-dimensional cash-in-advance economy
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• Dynamics in a transactions-based monetary growth model

zbMATH Keywords

ChaosDeterministic cyclesExternal habitMonetary economy

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• On Endogenous Competitive Business Cycles
• Monetary policy and price level determinacy in a cash-in-advance economy
• Chaotic dynamics in a cash-in-advance economy
• Endogenous Price Fluctuations in an Optimizing Model of a Monetary Economy

Cited In (5)

• Environmental tax policy, habit formation and nonlinear dynamics
• Itinerancy of money
• Habit persistence, money, and overlapping generations
• Habit formation and chaotic dynamics in an \(n\)-dimensional cash-in-advance economy
• Can consumption habit spillovers be a source of equilibrium indeterminacy?

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