Arbeitspapier
Substitution effects in intertemporal problems
We consider a broad class of intertemporal economic problems and we characterize the short and long-run response of the demand for a good to a permanent increase in its market price. Depending on the interplay between self-productivity and time discounting, we show that dynamic substitution effects can generate price elasticities of opposite sign in the short and in the long run.
- Sprache
-
Englisch
- Erschienen in
-
Series: Quaderni - Working Paper DSE ; No. 1147
- Klassifikation
-
Wirtschaft
Consumer Economics: Theory
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Health, Education, and Welfare: General
- Thema
-
Intertemporal substitution
Price elasticity
Tax reforms
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dragone, Davide
Vanin, Paolo
- Ereignis
-
Veröffentlichung
- (wer)
-
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (wo)
-
Bologna
- (wann)
-
2020
- DOI
-
doi:10.6092/unibo/amsacta/6376
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Dragone, Davide
- Vanin, Paolo
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Entstanden
- 2020
Ähnliche Objekte (12)
Subjective intertemporal substitution
Publication bias in measuring intertemporal substitution
Cross-country heterogeneity in intertemporal substitution
Inter-temporal substitution and storable products
Optimal consumption choice under uncertainty with intertemporal substitution
Optimal consumption with intertemporal substitution under knightian uncertainty
Existence and structure of stochastic equilibria with intertemporal substitution
Revisiting intertemporal elasticity of substitution in a sticky price model
Estimating intertemporal elasticity of substitution in a sticky price model
Making the case for a low intertemporal elasticity of substitution
Intertemporal Substitution in Labor Force Participation: Evidence from Policy Discontinuities
Intertemporal substitution in labor force participation: Evidence from policy discontinuities
Subjective intertemporal substitution
Publication bias in measuring intertemporal substitution
Cross-country heterogeneity in intertemporal substitution
Inter-temporal substitution and storable products
Optimal consumption choice under uncertainty with intertemporal substitution
Optimal consumption with intertemporal substitution under knightian uncertainty
Existence and structure of stochastic equilibria with intertemporal substitution
Revisiting intertemporal elasticity of substitution in a sticky price model
Estimating intertemporal elasticity of substitution in a sticky price model
Making the case for a low intertemporal elasticity of substitution
Intertemporal Substitution in Labor Force Participation: Evidence from Policy Discontinuities
Intertemporal substitution in labor force participation: Evidence from policy discontinuities
Subjective intertemporal substitution
Publication bias in measuring intertemporal substitution
Cross-country heterogeneity in intertemporal substitution
Inter-temporal substitution and storable products
Optimal consumption choice under uncertainty with intertemporal substitution
Optimal consumption with intertemporal substitution under knightian uncertainty
Existence and structure of stochastic equilibria with intertemporal substitution
Revisiting intertemporal elasticity of substitution in a sticky price model
Estimating intertemporal elasticity of substitution in a sticky price model
Making the case for a low intertemporal elasticity of substitution
Intertemporal Substitution in Labor Force Participation: Evidence from Policy Discontinuities