Estimating intertemporal substitution in Japan

被引：8

作者：

Fuse, M ^{[1
]}

机构：

[1] Osaka Univ, Grad Sch Econ, Osaka 5600043, Japan

来源：

APPLIED ECONOMICS LETTERS | 2004年 / 11卷 / 04期

关键词：

D O I：

10.1080/13504850410001674948

中图分类号：

F [经济];

学科分类号：

02 [经济学];

摘要：

In this study, the intertemporal elastisity of substitution (IES) by consumers in Japan is estimated using the two-step estimating method used by Ogaki and Reinhart (Journal of Political Economy, 106, pp. 1079-98, 1998). This method is estimating the IES in consideration of intratemporal substitution between durables and nondurables. Consequently, the acquired estimated values are larger than the US values used by Ogaki and Reinhart.

引用

页码：267 / 269

页数：3

共 5 条

[1]

INTERTEMPORAL SUBSTITUTION IN CONSUMPTION [J].