Search Results - subject:"intertemporal substitution"

Human capital and the intertemporal substitution for leisure : empirical evidence for Spain

Cutanda Tarin, Antonio; Sanchis Llopis, Juan Alberto - In: Portuguese economic journal 22 (2023) 3, pp. 377-396

Persistent link: https://www.econbiz.de/10014336500

Recursive preferences, correlation aversion, and the temporal resolution of uncertainty

Stanca, Lorenzo - 2023

Persistent link: https://www.econbiz.de/10014321143

Robust comparative statics for the elasticity of intertemporal substitution

Flynn, Joel P.; Schmidt, Lawrence; Akira Toda, Alexis - In: Theoretical economics : TE ; an open access journal in … 18 (2023) 1, pp. 231-265

consumption response to arbitrary shocks in terms of the product of two sufficient statistics: the elasticity of intertemporal … substitution (EIS) between contemporaneous consumption and continuation utility, and the relative elasticity of the marginal value …

Persistent link: https://www.econbiz.de/10014245414

Recursive preferences, correlation aversion, and the temporal resolution of uncertainty

Stanca, Lorenzo - 2023

Persistent link: https://www.econbiz.de/10014279845

Housing returns and intertemporal substitution in consumption: estimates for industrial economies

Pozzi, Lorenzo - 2022

This paper uses housing returns to estimate the elasticity of intertemporal substitution (EIS) in consumption for …

Persistent link: https://www.econbiz.de/10013356500

Optimal consumption for recursive preferences with local substitution: The case of certainty

Li, Hanwu; Riedel, Frank; Yang, Shuzhen - 2022

We characterize optimal consumption policies in a recursive intertemporal utility framework with local substitution. We establish existence and uniqueness and a version of the Kuhn-Tucker theorem characterizing the optimal consumption plan. An explicit solution is provided for the case when the...

Persistent link: https://www.econbiz.de/10014304796