Intratemporal elasticity of substitution between private and public consumption: new evidence and implications

This paper estimates the intratemporal elasticity of substitution (IES) between private and public consumption in private utility. Using panel data for 17 European countries over 1970-2018, we estimate the IES to lie between 0.6 and 0.74. When combined with the relevant intertemporal elasticity of s...

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Detalles Bibliográficos
Autores principales: Francois, John Nana, Keinsley, Andrew
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2023
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10081823/
https://www.ncbi.nlm.nih.gov/pubmed/37361959
http://dx.doi.org/10.1007/s00181-023-02387-w

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10081823/
https://www.ncbi.nlm.nih.gov/pubmed/37361959
http://dx.doi.org/10.1007/s00181-023-02387-w

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