There have important significance for the measure of intertemporal consumption elasticity of substitution in theory and practical. Up to now, there have no scientific and convincing methods for measuring it. Based on ...
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There have important significance for the measure of intertemporal consumption elasticity of substitution in theory and practical. Up to now, there have no scientific and convincing methods for measuring it. Based on collecting and estimating plenty of data, the article puts forward two statistical models for estimate the parameter and measure the intertemporal elasticity of substitution.
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