Optimal Monetary Policy in a New Keynesian Model with Habits in Consumption

B-Tier
Journal: Review of Economic Dynamics
Year: 2012
Volume: 15
Issue: 3
Pages: 416-435

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper we consider the implications of habits for optimal monetary policy, when those habits either exist at the level of the aggregate basket of consumption goods (`superficial' habits) or at the level of individual

Technical Details

RePEc Handle
repec:red:issued:09-154
Journal Field
Macro
Author Count
3
Added to Database
2026-01-25