Intertemporal Substitution in Consumption - Stanford University

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Transcript of Intertemporal Substitution in Consumption - Stanford University

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NO 837 / DECEMBER 2007 · 2008-01-07 · JEL Classification: E43, E52, E58 Keywords: core inflation, elasticity of intertemporal substitution, heterogeneity, nominal rigidity. 5

NO 837 / DECEMBER 2007 · 2008-01-07 · JEL Classification: E43, E52, E58 Keywords: core inflation, elasticity of intertemporal substitution, heterogeneity, nominal rigidity. 5

Intertemporal Macroeconomics

Intertemporal Macroeconomics

AN INTERTEMPORAL ASSET PRICING MODEL WITH … · STOCHASTIC CONSUMPTION AND INVESTMENT OPPORTUNITIES Douglas T. BREEDEN* Stanford University, Stanford, CA 94305, USA Received ...

AN INTERTEMPORAL ASSET PRICING MODEL WITH … · STOCHASTIC CONSUMPTION AND INVESTMENT OPPORTUNITIES Douglas T. BREEDEN* Stanford University, Stanford, CA 94305, USA Received ...

Determinants of Precautionary Savings: Elasticity of Intertemporal Substitution … ·  · 2018-05-04Determinants of Precautionary Savings: Elasticity of Intertemporal Substitution

Determinants of Precautionary Savings: Elasticity of Intertemporal Substitution … ·  · 2018-05-04Determinants of Precautionary Savings: Elasticity of Intertemporal Substitution

Intertemporal Substitution and Risk Aversionpages.stern.nyu.edu/~dbackus/GE_asset_pricing... · 2007-10-04 · Risk premia in security returns provide compensation for risk averse

Intertemporal Substitution and Risk Aversionpages.stern.nyu.edu/~dbackus/GE_asset_pricing... · 2007-10-04 · Risk premia in security returns provide compensation for risk averse

Subjective Intertemporal Substitution...Subjective Intertemporal Substitution Richard K. Crump, Stefano Eusepi, Andrea Tambalotti, and Giorgio Topa Federal Reserve Bank of New York

Subjective Intertemporal Substitution...Subjective Intertemporal Substitution Richard K. Crump, Stefano Eusepi, Andrea Tambalotti, and Giorgio Topa Federal Reserve Bank of New York

Labour supply and intertemporal substitution*uctp39a/BlundellMeghirNevesJoE1994.pdf · R. Blundell et al., Labour supply and intertemporal substitution 139 robust to the determinants

Labour supply and intertemporal substitution*uctp39a/BlundellMeghirNevesJoE1994.pdf · R. Blundell et al., Labour supply and intertemporal substitution 139 robust to the determinants

Endogenous Life-Cycle Housing Investment and Portfolio ...€¦ · By using Epstein-Zin recursive preferences we estimate relative risk aversion and elasticity of intertemporal substitution

Endogenous Life-Cycle Housing Investment and Portfolio ...€¦ · By using Epstein-Zin recursive preferences we estimate relative risk aversion and elasticity of intertemporal substitution

intertemporal Decisions of Farmers Risk Management papermodel. Knapp and Olson (1996) used GEU to solve dynamic resource management problems. They found intertemporal substitution

intertemporal Decisions of Farmers Risk Management papermodel. Knapp and Olson (1996) used GEU to solve dynamic resource management problems. They found intertemporal substitution

Elasticity of Intertemporal Substitution - Meta-Analysis · Elasticity of Intertemporal Substitution A Meta-Analysis Tomas Havranek Czech National Bank Charles University in Prague

Elasticity of Intertemporal Substitution - Meta-Analysis · Elasticity of Intertemporal Substitution A Meta-Analysis Tomas Havranek Czech National Bank Charles University in Prague

Intertemporal Elasticity of Substitution with Leisure …...1 Intertemporal Elasticity of Substitution with Leisure Margin† Takeshi Yagihashi* and Juan Du** First draft: March 2016

Intertemporal Elasticity of Substitution with Leisure …...1 Intertemporal Elasticity of Substitution with Leisure Margin† Takeshi Yagihashi* and Juan Du** First draft: March 2016

Monetary Policy According to HANK · monetary policy in RANK models works almost exclusively through intertemporal substitution: direct effects account for the full impact of interest

Monetary Policy According to HANK · monetary policy in RANK models works almost exclusively through intertemporal substitution: direct effects account for the full impact of interest

Intertemporal Labor Supply Substitution? Evidence from the ...conference.iza.org/conference_files/transatlantic... · cycle models require a very large Frisch elasticity in excess

Intertemporal Labor Supply Substitution? Evidence from the ...conference.iza.org/conference_files/transatlantic... · cycle models require a very large Frisch elasticity in excess

Long-run Consumption Risk and Asset Allocation under ...people.virginia.edu/~ey2d/EZRiPortfolio10k.pdf · intertemporal substitution for portfolio choice. 2.1. Specification and

Long-run Consumption Risk and Asset Allocation under ...people.virginia.edu/~ey2d/EZRiPortfolio10k.pdf · intertemporal substitution for portfolio choice. 2.1. Specification and

FISCAL POLICY MULTIPLIERS: THE ROLE OF MONOPOLISTIC ... · PDF filefiscal policy multipliers: the role of monopolistic competition, scale economies and intertemporal substitution in

FISCAL POLICY MULTIPLIERS: THE ROLE OF MONOPOLISTIC ... · PDF filefiscal policy multipliers: the role of monopolistic competition, scale economies and intertemporal substitution in

Lecture Notes in Macroeconomicsweb.econ.ku.dk/okocg/MAT-OEK/MakØk2/MakØk2-2015...CONTENTS v 5.4 Intertemporal substitution of labor supply . . . . . . . . . . . . . 196 5.5 Literature

Lecture Notes in Macroeconomicsweb.econ.ku.dk/okocg/MAT-OEK/MakØk2/MakØk2-2015...CONTENTS v 5.4 Intertemporal substitution of labor supply . . . . . . . . . . . . . 196 5.5 Literature

Risk Aversion, Intertemporal Substitution, and the ... · Risk aversion, intertemporal substitution, and the aggregate investment-uncertainty relationship Enrico Saltariy, Davide

Risk Aversion, Intertemporal Substitution, and the ... · Risk aversion, intertemporal substitution, and the aggregate investment-uncertainty relationship Enrico Saltariy, Davide

Trigonometric Substitution - Stanford University · the substitution , then the identity allows us to get rid of the root sign because Notice the difference between the substitution

Trigonometric Substitution - Stanford University · the substitution , then the identity allows us to get rid of the root sign because Notice the difference between the substitution

Intertemporal Substitution in a Monetary Framework

Intertemporal Substitution in a Monetary Framework

What does consumption tell us about inflation expectations ...€¦ · utility functions: time preference, risk aversion, intertemporal substitution, durability and envy. Therefore,

What does consumption tell us about inflation expectations ...€¦ · utility functions: time preference, risk aversion, intertemporal substitution, durability and envy. Therefore,