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On the rate of time preference under recursive preferences

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Publication:1186863
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DOI10.1016/0165-1765(91)90196-RzbMath0742.90025OpenAlexW2150110123MaRDI QIDQ1186863

Hiroaki Hayakawa

Publication date: 28 June 1992

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1765(91)90196-r


zbMATH Keywords

path-independencerates of time preference


Mathematics Subject Classification ID

Economic growth models (91B62) Individual preferences (91B08)


Related Items

The optimal consumption-wealth relation and the permanent income-life cycle hypothesis under recursive preferences ⋮ The complete complementarity of consumption and real balances and the strong superneutrality of money



Cites Work

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  • Stationary cardinal utility and optimal growth under uncertainty
  • A simple dynamic general equilibrium model
  • Optimal Saving Programs under Intertemporally Dependent Preferences
  • The Global Stability of Efficient Intertemporal Allocations
  • Stationary Utility and Time Perspective
  • Optimum Technical Change in An Aggregative Model of Economic Growth
  • Stationary Ordinal Utility and Impatience
  • Optimal Growth with Intertemporally Dependent Preferences
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