Inter-temporal discounting and uniform impatience
Myrian Petrassi and
Juan Pablo Torres-Martinez ()
No 555, Textos para discussão from Department of Economics PUC-Rio (Brazil)
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)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://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.
Bibliographic data for series maintained by ().