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Intertemporal consumption with directly measured welfare functions and subjective expectations
Euler equation estimation of intertemporal consumption models requires many, often unverifiable assumptions. These include assumptions on expectations and preferences. We aim at reducing some of these requirements by using direct subjective information on respondents’ preferences and expectations. T...
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| Main Authors: | , , |
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| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado: |
2009
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| Assuntos: | |
| Acceso en liña: | https://ncbi.nlm.nih.gov/pmc/articles/PMC2862500/ https://ncbi.nlm.nih.gov/pubmed/20442798 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.jebo.2009.03.021 |
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