Durable goods and the forward-looking theory of consumption: estimates implied by the dynamic effects of money

DOI10.1016/J.JEDC.2005.05.007MaRDI QIDQ956566zbMATH OpenOpenAlexFDO

Authors William D. Lastrapes, Todd B. Potts

Publication date 25 November 2008

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2005.05.007

zbMATH Keywords

intertemporal choiceimpulse response functionshousinguser cost

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Special types of economic markets (including Cournot, Bertrand) (91B54)

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Cites work

• scientific article; zbMATH DE number 777596 (Why is no real title available?)
• A method for taking models to the data
• Structural information in recursive VAR orderings

Cited in

(9)

• Durability in consumption and the dynamics of the current account
• Deflation in Durable Goods Markets: An Empirical Model of the Tokyo Condominium Market
• Monetary policy and the relative price of durable goods
• Uncertainty and Consumer Durables Adjustment
• Consumption dynamics during recessions
• Durable goods, inter-sectoral linkages and monetary policy
• A NOTE ON THE POLICY IMPLICATIONS OF USING DIVISIA CONSUMPTION AND MONETARY AGGREGATES
• Estimating intertemporal and intratemporal substitutions when both income and substitution effects are present: the role of durable goods
• Credit shocks and equilibrium dynamics in consumer durable goods markets

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