Saving and Dissaving with Hyperbolic Discounting
收藏NBER2018-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24257
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资源简介：
Is the standard hyperbolic-discounting model capable of robust qualitative predictions for savings behavior? Despite results suggesting a negative answer, we provide a positive one. We give conditions under which all Markov equilibria display either saving at all wealth levels or dissaving at all
提供机构：
美国国家经济研究局
创建时间：
2018-01-01
