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

DOI10.1016/J.ECONLET.2018.04.013MaRDI QIDQ1787625zbMATH OpenOpenAlexFDO

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

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)

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

Cites work

• Structural macroeconomics

Cited in

(2)

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

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