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Increasing marginal impatience and intertemporal substitution

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Publication:1601959
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DOI10.1007/BF01231489zbMath0992.91060MaRDI QIDQ1601959

Takashi Kamihigashi

Publication date: 1 July 2002

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


zbMATH Keywords

local substitutionrecursive preferencesdurable consumptioninfinite-horizon modelselasticity of substitutabilityincreasing marginal impatience


Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)


Related Items

Investment-consumption with regime-switching discount rates ⋮ Inequality and catching-up under decreasing marginal impatience ⋮ Externalities and nonlinear discounting: Indeterminacy



Cites Work

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  • Optimal growth with many consumers
  • The dynamics of efficient intertemporal allocations with many agents, recursive preferences, and production
  • On intertemporal preferences in continuous time. The case of certainty
  • A simple dynamic general equilibrium model
  • Intertemporal Preferences for Uncertain Consumption: A Continuous Time Approach
  • An Empirical Investigation of Asset Pricing with Temporally Dependent Preference Specifications
  • Habits and Time Preference
  • Optimal Consumption and Portfolio Rules with Durability and Local Substitution
  • Externalities and nonlinear discounting: Indeterminacy
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