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Habit formation and the present-value model of the current account : yet another suspect

Kano, Takashi - In: Journal of international economics 78 (2009) 1, pp. 72-85

Persistent link: https://www.econbiz.de/10003855397

Consumer inventory and demand for storable goods : new evidence from a consumer survey

Kano, Kazuko - In: The Japanese economic review : the journal of the … 69 (2018) 3, pp. 284-305

Persistent link: https://www.econbiz.de/10011947234

Drinking, texting, ageing, or youth : which attribute is the riskiest for driving?

Fujiwara, Toru; Takechi, Kazutaka - In: Applied economics letters 30 (2023) 2, pp. 239-243

Persistent link: https://www.econbiz.de/10013553075

Business cycle implications of internal consumption habit for New Keynesian models

Kano, Takashi; Nason, James Michael - In: Journal of money, credit and banking : JMCB 46 (2014) 2/3, pp. 519-544

Persistent link: https://www.econbiz.de/10010464067

Habit Formation and the Present-Value Model of the Current Account : Yet Another Suspect

Kano, Takashi - 2010

In a recent paper, Gruber (Gruber, J.W., 2004, A Present Value Test of Habits and the Current Account, Journal of Monetary Economics 51, 1495-1507) claims that habit formation in consumption plays an important role in current account fluctuations in selected developed countries, extending the...

Persistent link: https://www.econbiz.de/10013138440

Habit Formation and the Present-Value Model of the Current Account : Yet Another Suspect

Kano, Takashi - 2007

A recent paper claims that habit formation in consumption plays an important role in current account fluctuations in selected developed countries, extending the present-value model of the current account (PVM) with consumption habits. In this paper, however, I show that the habit-forming PVM is...

Persistent link: https://www.econbiz.de/10014225119