On the concavity of consumption function under habit formation

Author:

Liu HaoyuORCID,Li Lun

Publisher

Elsevier BV

Subject

Applied Mathematics,Economics and Econometrics

Reference39 articles.

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2. Wealth and consumption: French households in the crisis;Arrondel;Int. J. Central Bank.,2014

3. Precautionary saving under habit formation: An empirical study of Chinese urban population consumption behavior;Bin;Stat. Res.,2009

4. Habit formation and the persistence of monetary shocks;Bouakez;J. Monetary Econ.,2005

5. Bover, Olympia, 2006. Wealth effects on consumption: microeconometric estimates from a new survey of household finances. In: CEPR Discussion Paper, 5874..

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