The transition to a new inflation rate in models with habit formation

DOI10.1016/J.ECONLET.2005.10.018MaRDI QIDQ1929077zbMATH OpenOpenAlexFDO

Authors Arman Mansoorian, Leo Michelis

Publication date 7 January 2013

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2005.10.018

zbMATH Keywords

capitalhabitsinflation

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Economic growth models (91B62)

Recommendations

• Money, habits and growth
• Habit formation in a monetary growth model
• Habits and Time Preference
• Habit persistence in consumption and the demand for money
• Inflation dynamics under habit formation in hours

Cites work

• Capital Accumulation on the Transition Path in a Monetary Optimizing Model
• Habit formation in a monetary growth model
• Optimal Growth with Intertemporally Dependent Preferences
• The Interaction Between Time-Nonseparable Preferences and Time Aggregation

Cited in

(7)

• Inflation, variability, and the evolution of human capital in a model with transactions costs
• On time-dependent nominal contracting models with positive trend inflation
• Savings, investment, employment, and inflation in a small open economy with habit persistence
• Habits and Time Preference
• Habit formation in a monetary growth model
• Inflation dynamics under habit formation in hours
• Money, habits and growth

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