elasticity of intertemporal substitution (or intertemporal elasticity of substitution, EIS, IES) is a measure of responsiveness of the growth rate of...

Elasticity of substitution is the ratio of percentage change in capital-labour ratio with the percentage change in Marginal Rate of Technical Substitution...

production, cross-price elasticity of demand, and elasticity of intertemporal substitution. In differential calculus, elasticity is a tool for measuring...

intertemporal choice problems, the elasticity of intertemporal substitution often cannot be disentangled from the coefficient of relative risk aversion. The...

models). These assumptions imply that the elasticity of intertemporal substitution, and its inverse, the coefficient of (risk) aversion, are constant. However...

needed] The Frisch elasticity of labor supply is a specific type of elasticity of labor supply that considers the intertemporal substitution of work effort....

isoelastic utility), Epstein–Zin preferences allow the elasticity of intertemporal substitution (determined above by ρ {\displaystyle \rho } ) to be unrelated...

Encryption Scheme, in cryptography, a public key cryptosystem Intertemporal elasticity of substitution Intuitive eating scale This disambiguation page lists articles...

income effect from the income elasticity of demand, or the substitution effect from the price elasticity. The measure of "wealth" is mostly taken to be...

Efficiency wages – Efficient-market hypothesis – Elasticity (economics) – Elasticity of substitution – Electricity market – Employment – Endogenous growth...

intertemporal substitution (EIS) Measures the sensitivity of the growth rate of consumption to the real interest rate. elasticity of substitution Measures...

consumption with interest rates, time preference, and (intertemporal) elasticity of substitution. If derived from a basic Ramsey–Cass–Koopmans model, the...

recursive specification of a utility function which separates the elasticity of intertemporal substitution from the coefficient of relative risk aversion...

discounting. Here σ ( c ) {\displaystyle \sigma (c)} is the elasticity of intertemporal substitution (EIS), defined by σ ( c ) = − u c ( c ) c ⋅ u c c ( c )...

value of the inverse of the intertemporal elasticity of substitution in consumption with σ c {\displaystyle \sigma _{c}} . Strict concavity of the utility...

price elasticity of demand and price elasticity of supply. As a general policy matter, the tax incidence should not violate the principles of a desirable...

economics against the standard model of intertemporal decision-making used in the Chamley–Judd model and by empirical analyses of bequests, which do not support...

control for wealth and wage expectations and finds the intertemporal elasticity of wage substitution for married men to be positive and small. Further work...

preference variables such as the intertemporal elasticity of substitution. New Keynesian economics § The science of monetary policy Consumption smoothing...

views the Fisherian intertemporal choice framework as the real structure of the consumption function. Unlike the passive strategy of structure embodied...

Kreps-Porteus utility function has a constant intertemporal elasticity of substitution and a constant coefficient of relative risk aversion which are not required...

by consumers thereby prompting substitution away from carbon-intensive activities. This insures that the substitution effect offsets the income effect...

and commodities Capital asset pricing model Consumption-based CAPM Intertemporal CAPM Single-index model Multiple factor models Fama–French three-factor...

Atkeson, Andrew; Ogaki, Masao (1996). "Wealth-varying intertemporal elasticities of substitution: Evidence from panel and aggregate data". American Economic...

relies on the variation in customers' willingness to pay and in the elasticity of their demand. For price discrimination to succeed, a seller must have...

criticized Wicksell for the confusion of thinking that establishing a rate of interest consistent with intertemporal equilibrium also implies a constant...

arbitrary number of periods into the future. First use t to refer to the first period for which data is not yet available; substitute the known preceding...

retailing. The cross price demand elasticities, the covariation in uncertainty and a measure of effort substitutability were some of the parameters that were used...

due to human capital effects, labor supply elasticities are much larger than the previous consensus of the economics profession would suggest. These...

effects on the labor market, instead of the standard intertemporal substitution channel. This is due to a sizable share of households exhibiting high MPCs...