Habit formation and the gains from price stability

A counter-intuitive result from consumer theory is that consumers facing stable prices will benefit from a mean-preserving spread of those prices. This article explores a new explanation for why the common intuition that price volatility is undesirable may be correct: the presence of habit formation...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:CESifo GmbH CESifo economic studies
1. Verfasser: Atkin, David J. (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2012
Schlagworte:
Aufsatz in Zeitschrift
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Titel Jahr Verfasser
Corrective taxation and internalities from food consumption 2018 Griffith, Rachel
Performance pay jobs and job satisfaction 2018 Ledić, Marko
GIS for credible identification strategies in economics research 2018 Kudamatsu, Masayuki
Quality of government and subjective poverty in Europe 2018 Baldini, Massimo
Does corruption influence the self-restraint attitude of women-led SMEs towards bank lending? 2018 Galli, Emma
Risk attitudes and preferences for redistribution : new evidence from the lab 2018 Assandri, Matteo
Military service of politicians, public policy, and parliamentary decisions 2018 Stadelmann, David
Are drone strikes effective in Afghanistan and Pakistan? : on the dynamics of violence between the United States and the Taliban 2018 Jaeger, David A.
Economic development in peacekeeping host countries 2018 Bove, Vincenzo
Does increasing compulsory education decrease or displace adolescent crime? : new evidence from administrative and victimization data 2018 Brilli, Ylenia
Geographic natural experiments with interference : the effect of all-mail voting on turnout in Colorado 2018 Keele, Luke
Estimates of the causal effects of education on earnings over the life cycle with cohort effects and endogenous education 2018 Migali, Giuseppe
Financial intermediation, the mortgage market, and macroprudential regulation 2018 Körner, Jenny
The German language worldwide : a new data set on language learning 2018 Übelmesser, Silke
Take me to the centre of your town! : using micro-geographical data to identify town centres 2018 Cheshire, Paul C.
The impact of clustering on firm innovation 2018 Ruffner, Jan
World changes in inequality : an overview of facts, causes, consequences, and policies 2018 Bourguignon, François
Computation of equivalent incomes and social welfare for EU and Non-EU countries 2018 Petrillo, Ida
Fiscal decentralization in times of financial crises 2018 Bartolini, David
Budget and effort choice in sequential Colonel Blotto campaigns 2018 Konrad, Kai A.
Alle Artikel auflisten