CONSEQUENCES OF MODELING HABIT PERSISTENCE

DOI10.1017/S1365100508080085zbMath1170.91446OpenAlexW2158299767MaRDI QIDQ3397758

Pere Gomis-Porqueras, Luca Bossi

Publication date: 25 September 2009

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s1365100508080085

zbMATH Keywords

multiple equilibriaequilibrium dynamicsmultiplicative and subtractive habit persistence

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items

Habit formation and indeterminacy in overlapping generations models ⋮ Anticipation in leisure—Effects on labor‐leisure choice ⋮ On the closed-form solution of an endogenous growth model with anticipated consumption

Cites Work

• Habit persistence, money, and overlapping generations
• Habit persistence in overlapping generations economies under pure exchange
• Solving consumption models with multiplicative habits
• On Endogenous Competitive Business Cycles
• On the Concavity of the Consumption Function
• Consumption Over the Life Cycle