Can I read Ascari Euler Equation on EtoBox?

Ascari Euler Equation by Cristian Piñeros is a document available to read on EtoBox.

What is Ascari Euler Equation about?

This document analyzes empirical evidence on the Euler equation for consumption and output in the US using aggregate post-war data. It considers extensions to the baseline Euler equation model that include habits, hand-to-mouth consumers, and credit constraints. The analysis finds that while the extensions fit the data, identification of key parameters like the intertemporal elasticity of substitution is very weak.

Author

Cristian Piñeros

Language

EN