Equilibrium dynamics in the neoclassical growth model with habit formation and elastic labor supply

dc.contributor.author	Gómez, Manuel A.
dc.contributor.other	Departamento de Economía Aplicada II	es_ES
dc.date.accessioned	2015-01-20T08:30:32Z
dc.date.available	2015-01-20T08:30:32Z
dc.date.issued	2012
dc.identifier.citation	Gómez, Manuel A. (2012), Equilibrium dynamics in the neoclassical growth model with habit formation and elastic labor supply, Theoretical Economics Letters 2, 5.	es_ES
dc.identifier.issn	2162-2086
dc.identifier.uri	http://hdl.handle.net/2183/13935
dc.description.abstract	This note analyzes the equilibrium dynamics in the neoclassical growth model with habit-forming preferences and elastic labor supply. Habits enter into utility in a multiplicative way. The specification of the habit formation process comprises the particular cases of internal and external habits. Existence, uniqueness and saddle-path stability of the steady state are proved analytically.	es_ES
dc.description.sponsorship	Ministerio de Ciencia e Innovación; ECO2011-25490	es_ES
dc.language.iso	eng	es_ES
dc.publisher	Scientific Research Publishing	es_ES
dc.relation.uri	http://dx.doi.org/10.4236/tel.2012.25087	es_ES
dc.subject	Economic growth	es_ES
dc.subject	Habit formation	es_ES
dc.subject	Equilibrium dynamics	es_ES
dc.title	Equilibrium dynamics in the neoclassical growth model with habit formation and elastic labor supply	es_ES
dc.type	info:eu-repo/semantics/article	es_ES
dc.rights.access	info:eu-repo/semantics/openAccess	es_ES