International Adjustment with Habit-Forming Consumption: A Diagrammatic Exposition
收藏NBER1992-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4094
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资源简介：
This paper presents a simple diagrammatic analysis of an open economy's external adjustment process under habit-forming individual preferences. The exposition focuses on the consumption side and aims to make transparent the linkage among wealth, past consumption experience, and current consumption.
提供机构：
美国国家经济研究局
创建时间：
1992-06-01
