ListarII - Artigos por tema "Habit formation"

Mostrando ítems 1-2 de 2

    • Endogenous Growth, Habit Formation and Convergence Speed 

      Gómez, Manuel A. (De Gruyter, 2010)
      [Abstract] This paper analyzes the effect on the economy dynamics of alternative formulations of habit persistence in an endogenous growth model. The focus is on the impact on the convergence speed, which is the key ...

    • The welfare cost of external habits: a quantitat ive assessment 

      Gómez, Manuel A. (Universidad de Chile, 2010)
      [Abstract]: This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level ...