-log and does not diminish as incomes rise. If there is a satiation point, we are yet to reach it. …

model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs …

individually determine stationarity, the common difference effect and its converse; constant, decreasing and increasing impatience …

function exhibits declining, constant or increasing impatience. The third function, the generating function, links the speedup …

conditions that lead the representative agent to have a rate of impatience that decreases with GDP per capita. …