Estimating Discount Functions with Consumption Choices over the Lifecycle
收藏NBER2007-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13314
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资源简介:
We estimate - time preferences and relative risk aversion (RRA) using a lifecycle model including stochastic income, liquid and illiquid assets, credit cards, dependents, Social Security, mortality, and bequests. Preference parameters are identified by cross-tabulating four lifecycle age intervals
提供机构:
美国国家经济研究局
创建时间:
2007-08-01



