Inter-temporal discounting and uniform impatience

MArio Páscoa (), Myrian Beatriz Petrassi and Juan Pablo Torres-Martinez ()
Additional contact information
MArio Páscoa: Universidade Nova de Lisboa

No 555, Textos para discussão from Department of Economics PUC-Rio (Brazil)

Abstract: The uniform impatience hypothesis, a joint requirement on endowments and preferences, was imposed in the literature to prove equilibrium existence in infinite horizon sequential economies. In this note, we characterize this assumption in terms of asymptotic properties on inter-temporal discount factors.

Keywords: Uniform impatience; inter-temporal discounting. JEL Codes: D50; D52. (search for similar items in EconPapers)
Date: 2008-01
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
ftp://139.82.198.57/pdf/td555.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:rio:texdis:555

Access Statistics for this paper

More papers in Textos para discussão from Department of Economics PUC-Rio (Brazil)
Contact information at EDIRC.
Series data maintained by ().