Reference Entry

elasticity of intertemporal substitution

John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Third edition

Published in print January 2009 | ISBN: 9780199237043
Published online January 2009 | e-ISBN: 9780191726637
elasticity of intertemporal substitution

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A measure of the willingness of a consumer to move consumption between time periods. The elasticity of intertemporal substitution, ε

Reference Entry.  49 words. 

Subjects: Economics

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