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Habit Formation and Aggregate Consumption Dynamics

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References

1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
1981The Adjustment of Consumption to Changing Expectations About Future Income1,326 cited
2000Habit Formation in Consumption and Its Implications for Monetary-Policy Models1,148 cited
1998Asset pricing in production economies1,083 cited
2004Consumer Confidence and Consumer Spending717 cited
1991Habit persistence and durability in aggregate consumption345 cited
1993The Interaction Between Time-Nonseparable Preferences and Time Aggregation228 cited
2004A present value test of habits and the current account98 cited
2010International Evidence on Sticky Consumption Growth69 cited

Cited by

2020Sticky Expectations and Consumption Dynamics66 cited
2010Habit Persistence, Nonseparability between Consumption and Leisure, or Rule-of-Thumb Consumers: Which Accounts for the Predictability of Consumption Growth?51 cited
2008International Evidence on Sticky Consumption Growth33 cited
2013THE PREDICTABILITY OF AGGREGATE CONSUMPTION GROWTH IN OECD COUNTRIES: A PANEL DATA ANALYSIS30 cited
2011Explaining U.S. consumer behavior with news sentiment28 cited

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2011

Habit formation and fiscal transmission in open economies

17 cited