Arbeitspapier
Some foundations for multiplicative habits models
While consumption models with multiplicative habits are becoming increasingly popular, some important theoretical questions about these models have not yet been addressed. This paper fills three such gaps: Existence of an optimal consumption path; satisfaction, by that path, of the consumption Euler equation; and convergence of that path to the stationary (steady state) path.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 516
- Klassifikation
-
Wirtschaft
- Thema
-
Wachstumstheorie
Gesamtwirtschaftlicher Konsum
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hiraguchi, Ryoji
- Ereignis
-
Veröffentlichung
- (wer)
-
The Johns Hopkins University, Department of Economics
- (wo)
-
Baltimore, MD
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hiraguchi, Ryoji
- The Johns Hopkins University, Department of Economics
Entstanden
- 2004
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