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Macroeconomic models often invoke consumption "habits" to explain the substantial persistence of macroeconomic … consumption growth. But a large literature has found no evidence of habits in the microeconomic datasets that measure the behavior … aggregate consumption growth reflects consumers' imperfect attention to aggregate shocks. Our proposed degree of (macro …
Persistent link: https://www.econbiz.de/10011916856
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Macroeconomic models often invoke consumption "habits" to explain the substantial persistence of macroeconomic … consumption growth. But a large literature has found no evidence of habits in the microeconomic datasets that measure the behavior … aggregate consumption growth reflects consumers' imperfect attention to aggregate shocks. Our proposed degree of (macro …
Persistent link: https://www.econbiz.de/10011856412
Persistent link: https://www.econbiz.de/10012129035
Persistent link: https://www.econbiz.de/10014250519
Persistent link: https://www.econbiz.de/10014427345
In this paper we analyze the importance of intertemporal non-separabilities for consumption decisions using household … account for the dynamics of consumption in the preferences as well as to control for time invariant unobserved heterogeneity … consumption decisions allowing for time non-separabilities. Once we control for fixed effects and use the adequate set of …
Persistent link: https://www.econbiz.de/10005729286
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Persistent link: https://www.econbiz.de/10012207061
fruit juice firms are officially registered as trademark. The fruit juice consumption per head was increased in the …. Relatively high fresh fruit consumption is caused lower fruit juice consumption in Turkey. However, an increasing in the domestic … demand of fruit juice is observed by the years. This study was carried out to determine the fruit juice consumption and the …
Persistent link: https://www.econbiz.de/10010880610