Consumption-Savings Decisions with Quasi-Geometric Discounting

• Published in: Econometrica 2003-01, Vol.71 (1), p.365-375
• Main Authors: Krusell, Per, Smith, Jr, Anthony A.
• Format: Article
• Language: English
• Subjects: Ambivalence; Applications; Applied sciences; Capital stocks; Concavity; Consumer behavior; Consumer choice; Consumer equilibrium; Consumption; Decision making; Decision theory; Decision theory. Utility theory; Difference equations; Discounting; Econometrics; Economic models; Exact sciences and technology; Game theory; Insurance, economics, finance; Interest rates; Markov processes; Mathematics; Notes and Comments; Operational research and scientific management; Operational research. Management science; Population dynamics and ecological pattern formation; Probability and statistics; Savings; Sciences and techniques of general use; Statistics; Step functions; Studies
• ISSN: 0012-9682; 1468-0262
• DOI: 10.1111/1468-0262.00400

Abstract only