Matches in DBpedia 2015-10 for { ?s ?p "Elasticity of intertemporal substitution (or intertemporal elasticity of substitution) is a measure of responsiveness of the growth rate of consumption to the real interest rate. If the real rate rises, current consumption may decrease due to increased return on savings; but current consumption may also increase as the household decides to consume more immediately, as he is feeling richer. The net effect on current consumption is the elasticity of intertemporal substitution."@en }
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- Elasticity_of_intertemporal_substitution abstract "Elasticity of intertemporal substitution (or intertemporal elasticity of substitution) is a measure of responsiveness of the growth rate of consumption to the real interest rate. If the real rate rises, current consumption may decrease due to increased return on savings; but current consumption may also increase as the household decides to consume more immediately, as he is feeling richer. The net effect on current consumption is the elasticity of intertemporal substitution.".
- Elasticity_of_intertemporal_substitution comment "Elasticity of intertemporal substitution (or intertemporal elasticity of substitution) is a measure of responsiveness of the growth rate of consumption to the real interest rate. If the real rate rises, current consumption may decrease due to increased return on savings; but current consumption may also increase as the household decides to consume more immediately, as he is feeling richer. The net effect on current consumption is the elasticity of intertemporal substitution.".