Generated on Mon Mar  3 12:56:32 2008 (1204566992).


,-------------------.
|  BIBTEX ENTRIES   |
`-------------------'

@article{hal78,
  author =        {Robert E. Hall},
  journal =       {Journal of Political Economy},
  number =        {6},
  pages =         {971--987},
  title =         {Stochastic Implications of the Life Cycle--Permanent
                   Income Hypothesis},
  volume =        {86},
  year =          {1978},
}

@inproceedings{cm89,
  address =       {Cambridge, MA},
  author =        {John Y. Campbell and N. Gregory Mankiw},
  booktitle =     {NBER Macroeconomics Annual},
  editor =        {Olivier J. Blanchard and Stanley Fischer},
  publisher =     {MIT Press},
  title =         {Consumption, Income and Interest Rates:
                   Reinterpreting the Time Series Evidence},
  year =          {1989},
}

@article{con90,
  author =        {George M. Constantinides},
  journal =       {Journal of Political Economy},
  number =        {3},
  pages =         {519--543},
  title =         {Habit Formation: A Resolution of the Equity Premium
                   Puzzle},
  volume =        {98},
  year =          {1990},
}

@article{cc99,
  author =        {John Y. Campbell and John H. Cochrane},
  journal =       {Journal of Political Economy},
  number =        {2},
  pages =         {205--51},
  title =         {By Force of Habit: A Consumption-Based Explanation of
                   Aggregate Stock Market Behavior},
  volume =        {107},
  year =          {1999},
}

@article{cow00,
  author =        {Christopher D. Carroll and Jody R. Overland and
                   David N. Weil},
  journal =       {American Economic Review},
  number =        {3},
  pages =         {341--55},
  title =         {Saving and Growth with Habit Formation},
  volume =        {90},
  year =          {2000},
}

@article{fuh00,
  author =        {Jeffrey C. Fuhrer},
  journal =       {American Economic Review},
  number =        {3},
  pages =         {367--390},
  title =         {Habit Formation in Consumption and Its Implication
                   for Monetary-Policy Models},
  volume =        {90},
  year =          {2000},
}

@article{lu00,
  author =        {Lars Ljungqvist and Harald Uhlig},
  journal =       {American Economic Review},
  month =         {June},
  number =        {3},
  pages =         {356--366},
  title =         {Tax Policy and Aggregate Demand Management under
                   Catching Up with the Joneses},
  volume =        {90},
  year =          {2000},
}

@article{gru04,
  author =        {Joseph W. Gruber},
  journal =       {Journal of Monetary Economics},
  number =        {7},
  pages =         {1495-1507},
  title =         {A Present Value Test of Habits and the Current
                   Account},
  volume =        {51},
  year =          {2004},
}

@techreport{sw06,
  author =        {Stephen H. Shore and Joshua S. White},
  institution =   {The Wharton School, University of Pennsylvania},
  type =          {working paper},
  title =         {External Habit Formation and the Home Bias Puzzle},
  year =          {2006},
}

@article{campbell&deaton:smooth,
  author =        {Campbell,~John~Y. and Angus~S.~Deaton},
  journal =       {Review of Economic Studies},
  pages =         {357-74},
  title =         {Why Is Consumption So Smooth?},
  volume =        {56},
  year =          {1989},
}

@techreport{cs06,
  author =        {Christopher D. Carroll and Jirka Slacalek},
  institution =   {Johns Hopkins University},
  type =          {mimeo},
  title =         {Sticky Expectations and Consumption Dynamics},
  year =          {2006},
}

@article{rei06,
  author =        {Ricardo Reis},
  journal =       {Journal of Monetary Economics},
  number =        {8},
  pages =         {1761--1800},
  title =         {Inattentive Consumers},
  volume =        {53},
  year =          {2006},
}

@article{pischke:micromacro,
  author =        {Pischke,~J{\"o}rn-Steffen},
  journal =       {Econometrica},
  number =        {4},
  pages =         {805-40},
  title =         {Individual Income, Incomplete Information, and
                   Aggregate Consumption},
  volume =        {63},
  year =          {1995},
}

@article{wor60,
  author =        {Holbrook Working},
  journal =       {Econometrica},
  number =        {4},
  pages =         {916--918},
  title =         {Note on the Correlation of First Differences of
                   Averages in a Random Chain},
  volume =        {28},
  year =          {1960},
}

@article{ll01,
  author =        {Martin Lettau and Sydney Ludvigson},
  journal =       {Journal of Finance},
  number =        {3},
  pages =         {815--849},
  title =         {Consumption, Aggregate Wealth, and Expected Stock
                   Returns},
  volume =        {56},
  year =          {2001},
}

@article{ll04,
  author =        {Martin Lettau and Sydney Ludvigson},
  journal =       {American Economic Review},
  number =        {1},
  pages =         {276--299},
  title =         {Understanding Trend and Cycle in Asset Values:
                   Reevaluating the Wealth Effect on Consumption},
  volume =        {94},
  year =          {2004},
}

@article{ludvigson&michaelides:excesses,
  author =        {Ludvigson, Sydney and Alexander Michaelides},
  journal =       {American Economic Review},
  month =         {June},
  number =        {3},
  pages =         {631--647},
  title =         {Does Buffer Stock Saving Explain the Smoothness and
                   Excess Sensitivity of Consumption?},
  volume =        {91},
  year =          {2001},
}

@article{cm91,
  author =        {John Y. Campbell and N. Gregory Mankiw},
  journal =       {European Economic Review},
  number =        {4},
  pages =         {723--756},
  title =         {The Response of Consumption to Income: A
                   Cross-Country Investigation},
  volume =        {35},
  year =          {1991},
}

@article{bcf93,
  author =        {Philip A. Braun and George M. Constantinides and
                   Wayne E. Ferson},
  journal =       {European Economic Review},
  pages =         {897--920},
  title =         {Time Nonseparability in Aggregate Consumption:
                   International Evidence},
  volume =        {37},
  year =          {1993},
}

@article{fc91,
  author =        {Wayne E. Ferson and George M. Constantinides},
  journal =       {Journal of Financial Economics},
  number =        {2},
  pages =         {199--240},
  title =         {Habit Persistence and Durability in Aggregate
                   Consumption: Empirical Tests},
  volume =        {29},
  year =          {1991},
}

@article{som07,
  author =        {Martin Sommer},
  journal =       {The B.E. Journal of Macroeconomics---Advances},
  number =        {1},
  pages =         {Article 21},
  title =         {Habit Formation and Aggregate Consumption Dynamics},
  volume =        {7},
  year =          {2007},
}

@book{friedman:atheory,
  author =        {Friedman,~Milton~A.},
  publisher =     {Princeton University Press},
  title =         {A Theory of the Consumption Function},
  year =          {1957},
}

@article{muellbauerAES88,
  author =        {John Muellbauer},
  journal =       {Annales d'Economie et de Statistique},
  pages =         {47--70},
  title =         {Habits, Rationality and Myopia in the Life Cycle
                   Consumption Function},
  volume =        {9},
  year =          {1988},
}

@article{dyn00,
  author =        {Karen E. Dynan},
  journal =       {American Economic Review},
  number =        {3},
  pages =         {391--406},
  title =         {Habit Formation in Consumer Preferences: Evidence
                   from Panel Data},
  volume =        {90},
  year =          {2000},
}

@article{carroll:epidemicInflQJE,
  author =        {Carroll, Christopher D.},
  journal =       {Quarterly Journal of Economics},
  note =          {Available at \\ {\small
  \url{http://econ.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}}},
  number =        {1},
  pages =         {269--298},
  title =         {{M}acroeconomic {E}xpectations of {H}ouseholds and
                   {P}rofessional {F}orecasters},
  volume =        {118},
  year =          {2003},
}

@article{calvo:prices,
  author =        {Calvo, Guillermo A.},
  journal =       {Journal of Monetary Economics},
  pages =         {383--98},
  title =         {Staggered Contracts in a Utility-Maximizing
                   Framework},
  volume =        {12},
  year =          {1983},
}

@article{sims:inattention,
  author =        {Sims, Christopher A.},
  journal =       {Journal of Monetary Economics},
  note =          {available at
  http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html},
  number =        {3},
  pages =         {665-690},
  title =         {Implications of Rational Inattention},
  volume =        {50},
  year =          {2003},
}

@article{akerlof&yellen:nearrational,
  author =        {Akerlof, George A. and Janet L. Yellen},
  journal =       {The Quarterly Journal of Economics},
  number =        {5},
  pages =         {823--38},
  title =         {A Near-Rational Model of the Business Cycle, with
                   Wage and Price Intertia},
  volume =        {100},
  year =          {1985},
}

@article{cochrane:nearrational,
  author =        {Cochrane, John H.},
  journal =       {American Economic Review},
  pages =         {319--37},
  title =         {The Sensitivity of Tests of the Intertemporal
                   Allocation of Consumption to Near-Rational
                   Alternatives},
  volume =        {79},
  year =          {1991},
}

@article{fla81,
  author =        {Marjorie A. Flavin},
  journal =       {Journal of Political Economy},
  number =        {5},
  pages =         {974--1009},
  title =         {The Adjustment of Consumption to Changing
                   Expectations About Future Income},
  volume =        {89},
  year =          {1981},
}

@article{hal88,
  author =        {Robert E. Hall},
  journal =       {Journal of Political Economy},
  number =        {2},
  pages =         {339--357},
  title =         {Intertemporal Substitution in Consumption},
  volume =        {96},
  year =          {1988},
}

@article{vis02,
  author =        {Annette {Vissing-J\o rgensen}},
  journal =       {Journal of Political Economy},
  number =        {825--53},
  pages =         {339--357},
  title =         {Limited Asset Market Participation and the Elasticity
                   of Intertemporal Substitution},
  volume =        {110},
  year =          {2002},
}

@article{wil92,
  author =        {David W. Wilcox},
  journal =       {American Economic Review},
  number =        {4},
  pages =         {922--941},
  title =         {The Construction of the U.S. Consumption Data: Some
                   Facts and Their Implications for Empirical Research},
  volume =        {82},
  year =          {1992},
}

@techreport{bea06,
  author =        {{Bureau of Economic Analysis}},
  institution =   {Bureau of Economic Analysis},
  note =          {available at {\small
  \url{http://www.bea.gov/scb/pdf/2006/11November/1106_nipa_method.pdf}}},
  type =          {{Survey of Current Business, November}},
  title =         {Updated Summary NIPA Methodologies},
  year =          {2006},
}

@article{mankiw:durgoods,
  author =        {Mankiw, N. Gregory},
  journal =       {Journal of Monetary Economics},
  number =        {3},
  pages =         {417-425},
  title =         {Hall's Consumption Hypothesis and Durable Goods},
  volume =        {10},
  year =          {1982},
}

@techreport{imf06,
  author =        {{International Monetary Fund}},
  institution =   {International Monetary Fund},
  note =          {March},
  number =        {06/115},
  type =          {IMF Country Report},
  title =         {Japan: Report on the Observance of Standards and
                   Codes---Data Module, Response by the Authorities, and
                   Detailed Assessments Using the Data Quality
                   Assessment Framework (DQAF)},
  year =          {2006},
}

@book{oku81,
  author =        {Arthur M. Okun},
  publisher =     {Brookings Institution Press},
  title =         {Prices and Quantities: A Macroeconomic Analysis},
  year =          {1981},
}

@article{cfw94,
  author =        {Christopher D. Carroll and Jeffrey C. Fuhrer and
                   David W. Wilcox},
  journal =       {American Economic Review},
  number =        {5},
  pages =         {1397--1408},
  title =         {Does Consumer Sentiment Forecast Household Spending?
                   If So, Why?},
  volume =        {84},
  year =          {1994},
}

@article{sw03,
  author =        {Frank Smets and Raf Wouters},
  journal =       {Journal of European Economic Association},
  number =        {1},
  pages =         {1123--1175},
  title =         {An Estimated Dynamic Stochastic General Equilibrium
                   Model of the Euro Area},
  volume =        {5},
  year =          {2003},
}

@article{as07,
  author =        {Sungbae An and Frank Schorfheide},
  journal =       {Econometric Reviews},
  number =        {26},
  pages =         {113--172},
  title =         {Bayesian Analysis of DSGE Models},
  volume =        {2--4},
  year =          {2007},
}

@article{ds04,
  author =        {Marco {Del Negro} and Frank Schorfheide},
  journal =       {International Economic Review},
  number =        {2},
  pages =         {643--673},
  title =         {Priors from General Equilibrium Models for VARs},
  volume =        {45},
  year =          {2004},
}

@article{cs97,
  author =        {Christopher D. Carroll and Andrew A. Samwick},
  journal =       {Journal of Monetary Economics},
  number =        {1},
  pages =         {41--71},
  title =         {The Nature of Precautionary Wealth},
  volume =        {40},
  year =          {1997},
}

@article{gp02,
  author =        {Pierre-Olivier Gourinchas and Jonathan Parker},
  journal =       {Econometrica},
  number =        {1},
  pages =         {47--89},
  title =         {Consumption Over the Life Cycle},
  volume =        {70},
  year =          {2002},
}

@article{fss05,
  author =        {Nicola Fuchs-Sch{\"u}ndeln and
                   Matthias Sch{\"u}ndeln},
  journal =       {Quarterly Journal of Economics},
  number =        {3},
  pages =         {1085--1120},
  title =         {Precautionary Savings and Self-Selection: Evidence
                   from the German Reunification {``}Experiment{''}},
  volume =        {120},
  year =          {2005},
}

@article{ire04,
  author =        {Peter N. Ireland},
  journal =       {Journal of Economic Dynamics and Control},
  pages =         {1205--1226},
  title =         {A Method for Taking Models to the Data},
  volume =        {28},
  year =          {2004},
}

@article{gp04,
  author =        {Roberto Golinelli and Giuseppe Parigi},
  journal =       {Journal of Business Cycle Measurement and Analysis},
  number =        {2},
  pages =         {147--170},
  title =         {Consumer Sentiment and Economic Activity: A Cross
                   Country Comparison},
  volume =        {1},
  year =          {2004},
}

@techreport{ber02,
  author =        {Carol Bertaut},
  institution =   {Federal Reserve Board},
  number =        {724},
  type =          {International Finance Discussion Paper},
  title =         {Equity Prices, Household Wealth, and Consumption
                   Growth in Foreign Industrial Countries: Wealth
                   Effects in the 1990s},
  year =          {2002},
}

@techreport{cgp04,
  author =        {Pietro Catte and Nathalie Girouard and Robert Price and
                   Christophe Andre},
  institution =   {OECD},
  number =        {394},
  type =          {OECD Economics Department Working Papers},
  title =         {Housing Markets, Wealth and the Business Cycle},
  year =          {2004},
}

