Estimating the elasticity of intertemporal substitution : is the aggregate financial return free from the weak instrument problem?
Year of publication: |
2013
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Authors: | Gomes, Fábio A. ; Paz, Lourenço Senne |
Published in: |
Journal of macroeconomics. - Amsterdam [u.a.] : Elsevier, ISSN 0164-0704, ZDB-ID 796245-9. - Vol. 36.2013, p. 63-75
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Subject: | Asset returns | Consumption | Elasticity of intertemporal substitution | Model specification | Weak instruments | Substitutionselastizität | Elasticity of substitution | Privater Konsum | Private consumption | Schätzung | Estimation | Kapitaleinkommen | Capital income | IV-Schätzung | Instrumental variables | Intertemporale Entscheidung | Intertemporal choice | Konsumtheorie | Consumption theory |
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