Habit persistence, money, and overlapping generations

DOI10.1016/j.jedc.2005.07.006zbMath1162.91472OpenAlexW2086562587MaRDI QIDQ959681

Helle Bunzel

Publication date: 12 December 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2005.07.006

zbMATH Keywords

cyclesmoneyhabit persistenceoverlapping generations models

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items

The overlapping generations model with habit formation: a comment ⋮ Local and global bifurcations in an economic growth model with endogenous labour supply and multiplicative external habits ⋮ The macroeconomic implications of deficit financing under present bias ⋮ Indeterminacy and nonlinear dynamics in an OLG growth model with endogenous labour supply and inherited tastes ⋮ On the closed-form solution of an endogenous growth model with anticipated consumption ⋮ CONSEQUENCES OF MODELING HABIT PERSISTENCE ⋮ A positional game for an overlapping generation economy

Cites Work

• Habit persistence in overlapping generations economies under pure exchange
• Two-period cycles in a three-period overlapping generations model
• Solving consumption models with multiplicative habits
• Endogenous Cycles in Competitive Models: An Overview
• On Endogenous Competitive Business Cycles
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