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Quarterly Journal of Economics Vol. 91 No. 1 1977

The Role of Habits and Stocks in Consumer Expenditure

Benjamin Sexauer

University of Minnesota

Abstract

I. Introduction, 127.—II. The Houthakker-Taylor demand model, 128.—III. Theoretical analysis, 129.—IV. Estimation, 133.—V. The empirical results, 136.—VI. Conclusions, 141.

DOI
10.2307/1883141
Volume
91
Issue
1
Pages
127
Sources
openalex crossref

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