Estimating the elasticity of intertemporal substitution taking into account the precautionary savings motive
Year of publication: |
September 2015
|
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Authors: | Gomes, Fábio A. ; Ribeiro, Priscila Fernandes |
Published in: |
Journal of macroeconomics. - Amsterdam [u.a.] : Elsevier, ISSN 0164-0704, ZDB-ID 796245-9. - Vol. 45.2015, p. 108-123
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Subject: | Consumption | Asset returns | Elasticity of intertemporal substitution | Precautionary savings | Nonexpected utility | Sparen | Savings | Substitutionselastizität | Elasticity of substitution | Intertemporale Entscheidung | Intertemporal choice | Vorsichtssparen | Precautionary saving | Schätzung | Estimation | Privater Konsum | Private consumption | Konsumtheorie | Consumption theory | Intertemporale Allokation | Intertemporal allocation | Risiko | Risk | Nutzen | Utility |
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