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...
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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1993.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 1993/026 |
| 在线阅读: | Full text available on IMF |