Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10008808250
Persistent link: https://www.econbiz.de/10003189330
Persistent link: https://www.econbiz.de/10011577850
Persistent link: https://www.econbiz.de/10008902560
Persistent link: https://www.econbiz.de/10009751142
Persistent link: https://www.econbiz.de/10003764494
Persistent link: https://www.econbiz.de/10014369477
Persistent link: https://www.econbiz.de/10012626623
Persistent link: https://www.econbiz.de/10013187246
The elasticity of intertemporal substitution (EIS) is one of the key parameters in the Economics and Finance literature. It is usually estimated by means of the consumer’s Euler Equation using an instrumental variable approach, and the estimates are usually zero or close to zero. Nevertheless,...
Persistent link: https://www.econbiz.de/10011065320