{"id":"https://openalex.org/W2000321490","doi":"https://doi.org/10.1257/aer.90.3.391","title":"Habit Formation in Consumer Preferences: Evidence from Panel Data","display_name":"Habit Formation in Consumer Preferences: Evidence from Panel Data","publication_year":2000,"publication_date":"2000-06-01","ids":{"openalex":"https://openalex.org/W2000321490","doi":"https://doi.org/10.1257/aer.90.3.391","mag":"2000321490"},"language":"en","primary_location":{"id":"doi:10.1257/aer.90.3.391","doi":"https://doi.org/10.1257/aer.90.3.391","is_oa":false,"landing_page_url":"https://doi.org/10.1257/aer.90.3.391","pdf_url":null,"source":{"id":"https://openalex.org/S23254222","display_name":"American Economic Review","issn_l":"0002-8282","issn":["0002-8282","1944-7981"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315912","host_organization_name":"American Economic Association","host_organization_lineage":["https://openalex.org/P4310315912"],"host_organization_lineage_names":["American Economic Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"American Economic Review","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5061204051","display_name":"Karen E. Dynan","orcid":"https://orcid.org/0000-0001-5504-4025","observed_orcids":["https://orcid.org/0000-0001-5504-4025"]},"institutions":[{"id":"https://openalex.org/I2802905149","display_name":"Federal Reserve Board of Governors","ror":"https://ror.org/00v448643","country_code":"US","type":"government","lineage":["https://openalex.org/I1317239608","https://openalex.org/I2802905149"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Karen E Dynan","raw_affiliation_strings":["Federal Reserve Board, Washington, DC 20551"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Federal Reserve Board, Washington, DC 20551","institution_ids":["https://openalex.org/I2802905149"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5061204051"],"corresponding_institution_ids":["https://openalex.org/I2802905149"],"apc_list":null,"apc_paid":null,"fwci":38.5621,"has_fulltext":false,"cited_by_count":466,"citation_normalized_percentile":{"value":0.99762677,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":99,"max":100},"biblio":{"volume":"90","issue":"3","first_page":"391","last_page":"406"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":0.49559998512268066,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":0.49559998512268066,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.14749999344348907,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.07169999927282333,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/habit-formation","display_name":"habit formation","score":0.9990000128746033},{"id":"https://openalex.org/keywords/consumer-preferences","display_name":"consumer preferences","score":0.9739999771118164},{"id":"https://openalex.org/keywords/household-consumption","display_name":"household consumption","score":0.7350000143051147},{"id":"https://openalex.org/keywords/food-consumption","display_name":"dietary intake","score":0.9440000057220459},{"id":"https://openalex.org/keywords/panel-study-of-income-dynamics","display_name":"Panel Study of Income Dynamics","score":0.8389999866485596},{"id":"https://openalex.org/keywords/nondurable-goods","display_name":"non-durable goods","score":0.628000020980835},{"id":"https://openalex.org/keywords/service-consumption","display_name":"service consumption","score":0.8050000071525574},{"id":"https://openalex.org/keywords/consumption-dynamics","display_name":"consumption dynamics","score":0.4650000035762787}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8268502950668335},{"id":"https://openalex.org/C44670240","wikidata":"https://www.wikidata.org/wiki/Q1299714","display_name":"Habit","level":2,"score":0.8062893152236938},{"id":"https://openalex.org/C2777169553","wikidata":"https://www.wikidata.org/wiki/Q7130814","display_name":"Panel Study of Income Dynamics","level":2,"score":0.722598135471344},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.7177162766456604},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.6499030590057373},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.6337549686431885},{"id":"https://openalex.org/C134121241","wikidata":"https://www.wikidata.org/wiki/Q899301","display_name":"Yield (engineering)","level":2,"score":0.6196670532226562},{"id":"https://openalex.org/C2777256093","wikidata":"https://www.wikidata.org/wiki/Q5164657","display_name":"Consumer Expenditure Survey","level":3,"score":0.6125224232673645},{"id":"https://openalex.org/C194425066","wikidata":"https://www.wikidata.org/wiki/Q1257519","display_name":"Permanent income hypothesis","level":3,"score":0.49501508474349976},{"id":"https://openalex.org/C198477413","wikidata":"https://www.wikidata.org/wiki/Q7647069","display_name":"Survey data collection","level":2,"score":0.4427075684070587},{"id":"https://openalex.org/C3018006300","wikidata":"https://www.wikidata.org/wiki/Q4402708","display_name":"Consumer demand","level":2,"score":0.4342098832130432},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.33341526985168457},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.21818208694458008},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.2058194875717163},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.17658266425132751},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.1468726396560669},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.1372276246547699},{"id":"https://openalex.org/C192250389","wikidata":"https://www.wikidata.org/wiki/Q4692254","display_name":"Aggregate expenditure","level":2,"score":0.06808793544769287},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.06708389520645142},{"id":"https://openalex.org/C191897082","wikidata":"https://www.wikidata.org/wiki/Q11467","display_name":"Metallurgy","level":1,"score":0.0},{"id":"https://openalex.org/C192562407","wikidata":"https://www.wikidata.org/wiki/Q228736","display_name":"Materials science","level":0,"score":0.0},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.0},{"id":"https://openalex.org/C542102704","wikidata":"https://www.wikidata.org/wiki/Q183257","display_name":"Psychotherapist","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1257/aer.90.3.391","doi":"https://doi.org/10.1257/aer.90.3.391","is_oa":false,"landing_page_url":"https://doi.org/10.1257/aer.90.3.391","pdf_url":null,"source":{"id":"https://openalex.org/S23254222","display_name":"American Economic Review","issn_l":"0002-8282","issn":["0002-8282","1944-7981"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315912","host_organization_name":"American Economic Association","host_organization_lineage":["https://openalex.org/P4310315912"],"host_organization_lineage_names":["American Economic Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"American Economic Review","raw_type":"journal-article"},{"id":"mag:3125475185","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/paper/fipfedgwe/143.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:RePEc:aea:aecrev:v:90:y:2000:i:3:p:391-406","doi":null,"is_oa":false,"landing_page_url":"http://www.aeaweb.org/articles.php?doi=10.1257/aer.90.3.391","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.5799999833106995,"id":"https://metadata.un.org/sdg/2","display_name":"Zero hunger"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":43,"referenced_works":["https://openalex.org/W1493652738","https://openalex.org/W1513281941","https://openalex.org/W1527002158","https://openalex.org/W1539573181","https://openalex.org/W1562623279","https://openalex.org/W1958855046","https://openalex.org/W1973291846","https://openalex.org/W1975700127","https://openalex.org/W1982521196","https://openalex.org/W2004396414","https://openalex.org/W2012967223","https://openalex.org/W2018867182","https://openalex.org/W2028995298","https://openalex.org/W2030691535","https://openalex.org/W2034946940","https://openalex.org/W2038367498","https://openalex.org/W2047833538","https://openalex.org/W2056011035","https://openalex.org/W2070440183","https://openalex.org/W2076819450","https://openalex.org/W2083158139","https://openalex.org/W2088336173","https://openalex.org/W2094621746","https://openalex.org/W2096136442","https://openalex.org/W2117301924","https://openalex.org/W2132151663","https://openalex.org/W2134854408","https://openalex.org/W2148976563","https://openalex.org/W2160848655","https://openalex.org/W2161152706","https://openalex.org/W2165144879","https://openalex.org/W2889716834","https://openalex.org/W2890811186","https://openalex.org/W2891159187","https://openalex.org/W3120096203","https://openalex.org/W3121498264","https://openalex.org/W3122451188","https://openalex.org/W3122531453","https://openalex.org/W3122664468","https://openalex.org/W3122928023","https://openalex.org/W3125316597","https://openalex.org/W4230687924","https://openalex.org/W4238040836"],"related_works":["https://openalex.org/W7097772097","https://openalex.org/W576350770","https://openalex.org/W2096541671","https://openalex.org/W7065918839","https://openalex.org/W2145972957","https://openalex.org/W1209568025","https://openalex.org/W4231246139","https://openalex.org/W2182964910","https://openalex.org/W1568505214","https://openalex.org/W2228727368"],"abstract_inverted_index":{"This":[0,62],"paper":[1],"tests":[2],"for":[3,77,80],"the":[4,22,27,34,43,50,59,72],"presence":[5],"of":[6,15,24,29,55,69],"habit":[7,16,56],"formation":[8,17,57],"using":[9],"household":[10],"data.":[11,97],"A":[12],"simple":[13],"model":[14],"implies":[18],"a":[19,67],"condition":[20,35],"relating":[21],"strength":[23],"habits":[25],"to":[26,66],"evolution":[28],"consumption":[30,40,84],"over":[31],"time.":[32],"When":[33],"is":[36,64],"estimated":[37,92],"with":[38,90],"food":[39],"data":[41],"from":[42,93],"Panel":[44],"Study":[45],"on":[46],"Income":[47],"Dynamics":[48],"(PSID),":[49],"results":[51],"yield":[52],"no":[53],"evidence":[54],"at":[58],"annual":[60],"frequency.":[61],"finding":[63],"robust":[65],"number":[68],"changes":[70],"in":[71],"specification.":[73],"It":[74],"also":[75],"holds":[76],"several":[78],"proxies":[79],"nondurables":[81],"and":[82],"services":[83],"created":[85],"by":[86],"combining":[87],"PSID":[88],"variables":[89],"weights":[91],"Consumer":[94],"Expenditure":[95],"Survey":[96],"(JEL":[98],"D12,":[99],"D91,":[100],"E21)":[101]},"counts_by_year":[{"year":2026,"cited_by_count":8},{"year":2025,"cited_by_count":11},{"year":2024,"cited_by_count":19},{"year":2023,"cited_by_count":14},{"year":2022,"cited_by_count":10},{"year":2021,"cited_by_count":16},{"year":2020,"cited_by_count":11},{"year":2019,"cited_by_count":16},{"year":2018,"cited_by_count":22},{"year":2017,"cited_by_count":13},{"year":2016,"cited_by_count":26},{"year":2015,"cited_by_count":17},{"year":2014,"cited_by_count":21},{"year":2013,"cited_by_count":19},{"year":2012,"cited_by_count":26}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
