Empirical evidence on the Euler equation for consumption in the US
Recently developed econometric methods, that are robust to weak instruments and exploit information in possible structural changes, are applied to study the Euler equation for consumption using aggregate US post-war data. Several extensions to the baseline Euler equation model are investigated. The...
| Main Authors: | , , |
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| 格式: | Journal article |
| 語言: | English |
| 出版: |
Elsevier
2019
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