Internal and external habits and news-driven business cycles

An internal habit can be a source of news-driven business cycles, positive comovements in consumption, labor, investment, and output from the news about the future, whereas an external habit cannot.

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Bibliographic details
Volume: 107
Main Author: Nutahara, Kengo
Format: Journal Article
Language: English
Place of publication: LAUSANNE Elsevier B.V 2010
ELSEVIER SCIENCE SA
Elsevier
published in: Economics letters Vol. 107; no. 2; pp. 300 - 303
Data of publication: 2010
ISSN: 0165-1765
1873-7374
EISSN: 1873-7374
Discipline: Economics
Series: Economics Letters
Subjects:
E32
E21
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Knowledge
Web of Science - Social Sciences Citation Index - 2010
Web of Science
RePEc
RePEc IDEAS
CrossRef
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