Search Results - subject:"elasticity of substitution"

Joint-Elicitation of Elasticity of Intertemporal Substitution, Risk and Time Preferences

Castro, Luciano I. de; Galvao, Antonio Fialho <Jr.>; … - 2021

The elicitation of the elasticity of intertemporal substitution (EIS), discount factor, and risk attitude parameters is of central importance to economics, finances and public policy. This paper jointly elicits and estimates these parameters using experimental data. We employ a new model based...

Persistent link: https://www.econbiz.de/10013228702

Substitution Elasticities in a CES Production Framework - An Empirical Analysis on the Basis of Non-Linear Least Squares Estimations

Koesler, Simon - 2012

Effectiveness, cost-efficiency and distribution issues are crucial for any form of future regulation. This results in the need for reliable instruments to assess regulations ex ante. Elasticities are key parameters for such instruments. We consistently estimate substitution elasticities for a...

Persistent link: https://www.econbiz.de/10013109848

Substitution elasticities in a CES production framework : an empirical analysis on the basis of non-linear least squares estimations

Koesler, Simon; Schymura, Michael - 2012 - This version: January 2012

Persistent link: https://www.econbiz.de/10009509693

Essays on economic modeling of climate change

Engström, Gustav - 2012

Persistent link: https://www.econbiz.de/10010220768

How Substitutable Is Natural Capital?

Markandya, Anil; Pedroso-Galinato, Suzette - 2012

of income, where the inputs include natural resources such as land and energy resources. A nested constant elasticity of … substitution (CES) production function is used to allow flexibility in the estimated elasticities of substitution. Also, with this …

Persistent link: https://www.econbiz.de/10012553631