Reconciling Jaimovich-Rebello preferences, habit in consumption and labor supply

DOI10.1016/J.ECONLET.2018.04.013zbMATH Open1397.91161OpenAlexW2783344595MaRDI QIDQ1787625FDOQ1787625

Authors: Tom Holden, P. Levine, Jonathan Swarbrick 

Publication date: 5 October 2018

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

Full work available at URL: http://epubs.surrey.ac.uk/846382/1/EL_Holden_Levine.pdf

Recommendations

• Habit persistence and the long-run labor supply
• Consumption--leisure choice with habit formation
• Labour supply with habit formation.
• Habits and Time Preference
• Revisiting intertemporal elasticity of substitution in a sticky price model

zbMATH Keywords

labor supplylabor wedgedynamic Frisch elasticityhabit in consumptionJaimovich-Rebello preferences

Mathematics Subject Classification ID

Individual preferences (91B08) Utility theory (91B16) Dynamic stochastic general equilibrium theory (91B51)

Cites Work

• Structural macroeconomics

Cited In (2)

• Labour supply with habit formation.
• Habit persistence and the long-run labor supply

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