A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2018; you can also visit the original URL.
The file type is
Intertemporal Consumption With Directly Measured Welfare Functions and Subjective Expectations
Social Science Research Network
Intertemporal Consumption with Directly Measured Welfare Functions and Subjective Expectations Kapteyn, A.; Kleinjans, K.; van Soest, Arthur Abstract Euler equation estimation of intertemporal consumption models requires many, often unverifiable assumptions. These include assumptions on expectations and preferences. We aim at reducing some of these requirements by using direct subjective information on respondents' preferences and expectations. The results suggest that individually measureddoi:10.2139/ssrn.1028654 fatcat:24h2rgtfkvhdfcxs4rm55seibm