• Title of article

    A note on time preference and the Tobin Effect

  • Author/Authors

    Eric Kam، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2005
  • Pages
    6
  • From page
    127
  • To page
    132
  • Abstract
    This paper proposes an alternative time preference specification to Uzawa preferences. Time preference is modeled as an increasing function of real wealth so that the Tobin Effect and stability rest on optimizing behavior as opposed to counterintuitive preference assumptions.
  • Keywords
    Time Preference , Tobin Effect
  • Journal title
    Economics Letters
  • Serial Year
    2005
  • Journal title
    Economics Letters
  • Record number

    435779

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=435779