Real Interest and Consumption
收藏NBER1985-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1694
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资源简介:
One of the important determinants of the response of saving and consumption to the real interest rate is the elasticity of intertemporal substitution. That elasticity can be measured by the response of the rate of change of consumption to changes in the expected real interest rate. A detailed study
提供机构:
美国国家经济研究局
创建时间:
1985-08-01



