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Testing the intertemporal substitution hypothesis: The impact of income uncertainty on savings

✍ Scribed by Nicholas Apergis; Costas Katrakilidis


Book ID
110644066
Publisher
Springer-Verlag
Year
2001
Tongue
English
Weight
562 KB
Volume
137
Category
Article
ISSN
1610-2878

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On testing the intertemporal substitutio
✍ Richard Rogerson; Peter Rupert πŸ“‚ Article πŸ“… 1993 πŸ› Elsevier Science 🌐 English βš– 661 KB

Many empirical tests of the intertemporal substitution theory of labor market fluctuations have assumed that shocks to the labor demand curve are the sole source of variance in hours and wages. We show that conclusions based on these tests are very sensitive to small deviations from this extreme cas