A Tax-Based Estimate of the Elasticity of Intertemporal Substitution
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https://www.nber.org/papers/w11945
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资源简介:
One of the most important behavioral parameters in macroeconomics is the elasticity of intertemporal substitution (EIS). Starting with the seminal work of Hall (1978), researchers have used an Euler equation framework to estimate the EIS, relating the growth rate of consumption to the after-tax
提供机构:
美国国家经济研究局
创建时间:
2006-01-01



