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:	Habit persistence News-driven business cycles External habit Internal habit Economics Business & Economics Social Sciences Habit persistence Internal habit External habit News-driven business cycles Habit persistence News-driven business cycles External habit E32 E21 Internal habit
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 Database information Databases - DBIS