Is There a Constant Rate of Molecular Substitution
نویسندگان
چکیده
منابع مشابه
Is the Elasticity of Intertemporal Substitution Constant?∗
This paper shows that the CRRA specification of intertemporal preferences (implying a constant elasticity of intertemporal substitution, or EIS), imposes surprising limitations on within period budget allocations. Consequently, the constant EIS assumption can be tested with demand data. In fact, the parameter of the CRRA utility function is pinned down completely by the shape of Engel curves; i...
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ژورنال
عنوان ژورنال: Journal of the Anthropological Society of Nippon
سال: 1985
ISSN: 0003-5505,1884-765X
DOI: 10.1537/ase1911.93.287