Estimating intertemporal substitution in Japan

Masasaki Fuse

Applied Economics Letters, 2004, vol. 11, issue 4, 267-269

Abstract: In this study, the intertemporal elastisity of substitution (IES) by consumers in Japan is estimated using the two-step estimating method used by Ogaki and Reinhart (Journal of Political Economy, 106, pp. 1079-98, 1998). This method is estimating the IES in consideration of intratemporal substitution between durables and nondurables. Consequently, the acquired estimated values are larger than the US values used by Ogaki and Reinhart.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:taf:apeclt:v:11:y:2004:i:4:p:267-269

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504850410001674948

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().