Substitution Effects in Intertemporal Problems

Dragone, Davide ; Vanin, Paolo (2020) Substitution Effects in Intertemporal Problems. Bologna: Dipartimento di Scienze economiche, p. 24. DOI 10.6092/unibo/amsacta/6376. In: Quaderni - Working Paper DSE (1147). ISSN 2282-6483.
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Abstract

We consider a broad class of intertemporal economic problems and we characterize the short and long-run response of the demand for a good to a permanent increase in its market price. Depending on the interplay between self-productivity and time discounting, we show that dynamic substitution effects can generate price elasticities of opposite sign in the short and in the long run.

Abstract
Tipologia del documento
Monografia (Working paper)
Autori
AutoreAffiliazioneORCID
Dragone, DavideUniversity of Bologna0000-0002-2725-4743
Vanin, PaoloUniversity of Bologna0000-0001-8767-8567
Parole chiave
Intertemporal substitution, price elasticity, tax reforms
Settori scientifico-disciplinari
Area 13 - Scienze economiche e statistiche > SECS-P/01 Economia politica
ISSN
2282-6483
DOI
10.6092/unibo/amsacta/6376
Data di deposito
12 Mag 2020 09:16
Ultima modifica
12 Mag 2020 09:16
URI
https://amsacta.unibo.it/id/eprint/6376

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