Matches in SemOpenAlex for { <https://semopenalex.org/work/W2000514400> ?p ?o ?g. }
- W2000514400 endingPage "631" @default.
- W2000514400 startingPage "631" @default.
- W2000514400 abstract "In this paper we present empirical evidence on aggregation problems with Euler equations for consumption. Our main results are: estimates of the elasticity of intertemporal substitution for consumption are consistently lower for aggregate data than for average cohort data and the theoretical model is statistically rejected on aggregate data, not rejected on average cohort data. In trying to explain these differences we find that a major role is played by the non-linearity of the estimable equation and by omitted demographic factors (normally unobservable on aggregate data). However, even when these sources of aggregation bias are corrected for, the estimates of the elasticity of intertemporal substitution obtained from aggregate data remain lower than those obtained from average cohort data, and excess sensitivity tests reject the implications of the model. This can be explained as the result of imposing identical coefficients to cohorts who differ in preferences and/or opportunity sets." @default.
- W2000514400 created "2016-06-24" @default.
- W2000514400 creator A5000219591 @default.
- W2000514400 creator A5032098424 @default.
- W2000514400 date "1993-07-01" @default.
- W2000514400 modified "2023-10-01" @default.
- W2000514400 title "Consumption Growth, the Interest Rate and Aggregation" @default.
- W2000514400 cites W1481827722 @default.
- W2000514400 cites W1574786337 @default.
- W2000514400 cites W182940498 @default.
- W2000514400 cites W2046116452 @default.
- W2000514400 cites W2051786203 @default.
- W2000514400 cites W2066731362 @default.
- W2000514400 cites W2085647375 @default.
- W2000514400 cites W2128807728 @default.
- W2000514400 cites W2141137241 @default.
- W2000514400 cites W2511292967 @default.
- W2000514400 cites W2891757863 @default.
- W2000514400 cites W3042168128 @default.
- W2000514400 cites W3122494633 @default.
- W2000514400 cites W3123849616 @default.
- W2000514400 cites W3124175464 @default.
- W2000514400 cites W3125217456 @default.
- W2000514400 cites W3164009512 @default.
- W2000514400 doi "https://doi.org/10.2307/2298128" @default.
- W2000514400 hasPublicationYear "1993" @default.
- W2000514400 type Work @default.
- W2000514400 sameAs 2000514400 @default.
- W2000514400 citedByCount "456" @default.
- W2000514400 countsByYear W20005144002012 @default.
- W2000514400 countsByYear W20005144002013 @default.
- W2000514400 countsByYear W20005144002014 @default.
- W2000514400 countsByYear W20005144002015 @default.
- W2000514400 countsByYear W20005144002016 @default.
- W2000514400 countsByYear W20005144002017 @default.
- W2000514400 countsByYear W20005144002018 @default.
- W2000514400 countsByYear W20005144002019 @default.
- W2000514400 countsByYear W20005144002020 @default.
- W2000514400 countsByYear W20005144002021 @default.
- W2000514400 countsByYear W20005144002022 @default.
- W2000514400 countsByYear W20005144002023 @default.
- W2000514400 crossrefType "journal-article" @default.
- W2000514400 hasAuthorship W2000514400A5000219591 @default.
- W2000514400 hasAuthorship W2000514400A5032098424 @default.
- W2000514400 hasConcept C105795698 @default.
- W2000514400 hasConcept C121332964 @default.
- W2000514400 hasConcept C121854251 @default.
- W2000514400 hasConcept C144024400 @default.
- W2000514400 hasConcept C149782125 @default.
- W2000514400 hasConcept C159985019 @default.
- W2000514400 hasConcept C162324750 @default.
- W2000514400 hasConcept C175444787 @default.
- W2000514400 hasConcept C192562407 @default.
- W2000514400 hasConcept C2776195949 @default.
- W2000514400 hasConcept C2778058735 @default.
- W2000514400 hasConcept C2778348673 @default.
- W2000514400 hasConcept C2780695315 @default.
- W2000514400 hasConcept C2983335520 @default.
- W2000514400 hasConcept C30772137 @default.
- W2000514400 hasConcept C33923547 @default.
- W2000514400 hasConcept C36289849 @default.
- W2000514400 hasConcept C4679612 @default.
- W2000514400 hasConcept C97355855 @default.
- W2000514400 hasConcept C97684219 @default.
- W2000514400 hasConceptScore W2000514400C105795698 @default.
- W2000514400 hasConceptScore W2000514400C121332964 @default.
- W2000514400 hasConceptScore W2000514400C121854251 @default.
- W2000514400 hasConceptScore W2000514400C144024400 @default.
- W2000514400 hasConceptScore W2000514400C149782125 @default.
- W2000514400 hasConceptScore W2000514400C159985019 @default.
- W2000514400 hasConceptScore W2000514400C162324750 @default.
- W2000514400 hasConceptScore W2000514400C175444787 @default.
- W2000514400 hasConceptScore W2000514400C192562407 @default.
- W2000514400 hasConceptScore W2000514400C2776195949 @default.
- W2000514400 hasConceptScore W2000514400C2778058735 @default.
- W2000514400 hasConceptScore W2000514400C2778348673 @default.
- W2000514400 hasConceptScore W2000514400C2780695315 @default.
- W2000514400 hasConceptScore W2000514400C2983335520 @default.
- W2000514400 hasConceptScore W2000514400C30772137 @default.
- W2000514400 hasConceptScore W2000514400C33923547 @default.
- W2000514400 hasConceptScore W2000514400C36289849 @default.
- W2000514400 hasConceptScore W2000514400C4679612 @default.
- W2000514400 hasConceptScore W2000514400C97355855 @default.
- W2000514400 hasConceptScore W2000514400C97684219 @default.
- W2000514400 hasIssue "3" @default.
- W2000514400 hasLocation W20005144001 @default.
- W2000514400 hasOpenAccess W2000514400 @default.
- W2000514400 hasPrimaryLocation W20005144001 @default.
- W2000514400 hasRelatedWork W1520377808 @default.
- W2000514400 hasRelatedWork W1999005361 @default.
- W2000514400 hasRelatedWork W2050253536 @default.
- W2000514400 hasRelatedWork W2064417675 @default.
- W2000514400 hasRelatedWork W2090890818 @default.
- W2000514400 hasRelatedWork W3121416078 @default.
- W2000514400 hasRelatedWork W3121738382 @default.
- W2000514400 hasRelatedWork W3125217456 @default.
- W2000514400 hasRelatedWork W3126130910 @default.
- W2000514400 hasRelatedWork W3148975532 @default.