Intertemporal substitution in import demand and habit formation
نویسندگان
چکیده
منابع مشابه
Intertemporal substitution in import demand and habit formation
To study non-durable import demand, we extend previous work done by Clarida (1994) and Ceglowski (1991) by considering a two-good version of the life cycle model in which we introduce time-nonseparability in the households' preferences. The model is estimated using quarterly data for US and France. Using the information contained in the observed stochastic and deterministic trends, we derive a ...
متن کاملInvestigation on Habit Formation, Risk Aversion and Intertemporal Substitution in Consumption of Iranian Households by GMM Approach
Consumption is the principal feature of Iranâs Gross National Production. Therefore, recognizing of factors that influence it is quite crucial. This article, investigates habit formation, durability, relative risk aversion and intertemporal substitution in consumption expenditures of Iranian households. For empirical study, at first, we constructed two weighted portfolio of the main assets re...
متن کاملinvestigation on habit formation, risk aversion and intertemporal substitution in consumption of iranian households by gmm approach
â â â â reza roshan [1] â department of economics, university of sistan and baluchestan , iran â mosayeb pahlavani â department of economics, university of sistan and baluchestan, iran â mohammad nabi shahyaki tash â department of economics, university of sistan and baluchestan, iran â â â â abstract â consumption is the principal feature of iranâs gross national production. therefor...
متن کاملIntertemporal Substitution in Macroeconomics
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Applied Econometrics
سال: 1998
ISSN: 0883-7252,1099-1255
DOI: 10.1002/(sici)1099-1255(199811/12)13:6<589::aid-jae489>3.0.co;2-2