of the marginal utility of income, whose inverse is often called the ‘Frisch parameter’, and its multi-period counterpart …, the wealth elasticity of the marginal utility of wealth, are key concepts. Three cases with additive preferences are …

We provide the first estimate of the elasticity of marginal utility of consumption, μ, for Europe and for thirty …

of health state on the marginal utility of consumption using the Russia Longitudinal Monitoring Survey’s panel data … show that the marginal utility of consumption increases as health deteriorates. The baseline estimates show that moving … from a good health state to a poor health state raises the marginal utility of consumption by 2.5 to 4.0 percentage points …

each of RA and RS are parameterized by increasing marginal utility for wealth (MUW). In presence of θ satisfying, 0<θ<θ or …