95.6k views
4 votes
What is intertemporal substitution elasticity..?

What is intertemporal substitution elasticity..?-example-1

1 Answer

5 votes
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. Have a nice day.
User Mavrck
by
5.6k points