The Review of Economic Studies, Vol. 53, No. 4, Econometrics Special Issue (Aug., 1986), pp. 497-516 (20 pages) In the first part of the paper we outline a method for estimating a class of models in ...
The Consumption Function--a "fundamental psychological law," 281.--The time-preference postulate--another "fundamental psychological law," 285.-- Is the pure interest rate already zero?