Article ID Journal Published Year Pages File Type
5062486 Economics Letters 2007 5 Pages PDF
Abstract

The paper focuses on deep parameter estimates following the GMM-approach applied to a modified Euler-Equation which nests the case of a quasi-hyperbolic discount function. Parameter estimates for Argentina match with a discount function in which procrastination is a key feature.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Testing hyperbolic discounting in consumer decisions: Evidence for Argentina
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