Intertemporal Substitution in Consumption Revisited /
Some of the highly controversial questions in macroeconomics critically hinge on the value of a single parameter of consumer preference--the elasticity of intertemporal substitution. This paper provides new estimates of this parameter for individual G-7 and a panel of twenty OECD countries. We find...
Autor principal: | |
---|---|
Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
1993.
|
Colección: | IMF Working Papers; Working Paper ;
No. 1993/026 |
Acceso en línea: | Full text available on IMF |