uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …. -- Consumption-savings decision ; interest rate elasticity of savings ; income uncertainty …

In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … respondents to be controlled. The approach gives straightforward evidence: Obviously there is an optimal elasticity at which …

elasticity of revenues with respect to the tax rate over a ten-year period is -0.5 to -0.3, indicating that capital gains tax …

assumptions about the long run effect of wages rates on labor supply. The available estimates of the wage elasticity of male labor … function. Our estimates suggest that the elasticity of labor supply is about -0.2, implying that income effects dominate …

to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … prices affect fleet fuel economy through two channels: (1) shifting new auto purchases towards more fuel-efficient vehicles … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …

One of the most important behavioral parameters in macroeconomics is the elasticity of intertemporal substitution (EIS …