Idle worship

Economics Letters

Volumn 90, Issue 1, 2006, Pages 77-83

  Choudhary, M Ali ^a   Levine, Paul ^a  

^a UNIVERSITY OF SURREY   (United Kingdom)

Author keywords

Habit formation; Output inefficiency

Indexed keywords

EID: 30344455353     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2005.07.009     Document Type: Article

References (12)

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3. Banerjee, R., Batini, N., 2003. UK consumer habits, Bank of England, External MPC Unit, Discussion Paper No. 13.
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7. J.S. Dusenberry, Income, Saving and the Theory of Consumer Behavior. 1969. Oxford University Press, New York.
8. J.C. Fuhrer, Habit formation in consumption and its implications for the monetary-policy models. American Economic Review 90, 2000. 367-390.
9. J. Rotemberg, M. Woodford, An optimization based econometric framework for the evaluation of monetary policy. NBER Working Paper t02233. 1998.
10. F. Smets, R. Wouters, An estimated stochastic dynamic general equilibrium model of the euroarea. Working Paper-European Central Bank 171. 2002.
11. M. Woodford, Foundation of the Theory of Monetary Policy. 2003. Princeton University Press.
12. D. Xavier, Unemployment and labour market institutions. World Economic Outlook. 2004. The International Monetary Fund. Chapter IV.