Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach

Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach

Abstract: This paper determines an empirical indicator for the cost of marrying a spouse with a different level of impatience or rate of time preference, and/or a different degree of aversion to intertemporal variability in consumption. Empirical data from different published sources are used to cal...

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Autor principal: Edwards,Gonzalo
Lenguaje:English
Publicado: ILADES. Universidad Alberto Hurtado. 2018
Materias:
Ramsey model
rate of time preference
marriage decision
value of impatience
value of risk aversion
Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702018000200091
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spelling oai:scielo:S0718-887020180002000912019-01-15Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approachEdwards,Gonzalo Ramsey model rate of time preference marriage decision value of impatience value of risk aversion Abstract: This paper determines an empirical indicator for the cost of marrying a spouse with a different level of impatience or rate of time preference, and/or a different degree of aversion to intertemporal variability in consumption. Empirical data from different published sources are used to calibrate the model.info:eu-repo/semantics/openAccessILADES. Universidad Alberto Hurtado.Revista de análisis económico v.33 n.2 20182018-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702018000200091en10.4067/S0718-88702018000200091
institution Scielo Chile
collection Scielo Chile
language English
topic Ramsey model
rate of time preference
marriage decision
value of impatience
value of risk aversion
spellingShingle Ramsey model
rate of time preference
marriage decision
value of impatience
value of risk aversion
Edwards,Gonzalo
Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach
description Abstract: This paper determines an empirical indicator for the cost of marrying a spouse with a different level of impatience or rate of time preference, and/or a different degree of aversion to intertemporal variability in consumption. Empirical data from different published sources are used to calibrate the model.
author Edwards,Gonzalo
author_facet Edwards,Gonzalo
author_sort Edwards,Gonzalo
title Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach
title_short Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach
title_full Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach
title_fullStr Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach
title_full_unstemmed Asymmetries in utility functions and marriage decisions: A Ramsey-Koopmans approach
title_sort asymmetries in utility functions and marriage decisions: a ramsey-koopmans approach
publisher ILADES. Universidad Alberto Hurtado.
publishDate 2018
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702018000200091
work_keys_str_mv AT edwardsgonzalo asymmetriesinutilityfunctionsandmarriagedecisionsaramseykoopmansapproach
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