Reference Entry

elasticity of intertemporal substitution

John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Fourth edition

Published in print January 2012 | ISBN: 9780199696321
Published online May 2013 | e-ISBN: 9780191759130
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.  110 words. 

Subjects: Economics

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