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Housing and Nondurable Consumption

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  • Nancy L. Stokey

    (University of Chicago)

Abstract

In the model with transaction costs, housing consumption follows an (S,s) type policy. Here we are interested in how various parameters affect the width of the (S,s) bands and the behavior of (a)-(c) within that band.

Suggested Citation

  • Nancy L. Stokey, 2007. "Housing and Nondurable Consumption," 2007 Meeting Papers 799, Society for Economic Dynamics.
    • Handle: RePEc:red:sed007:799
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    References listed on IDEAS

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