Havranek, Tomas; Horvath, Roman; Irsova, Zuzana; … - Institut ekonomických studií, Univerzita Karlova v Praze - 2013
We collect 2,735 estimates of the elasticity of intertemporal substitution in consumption from 169 published studies that cover 104 countries during different time periods. The estimates vary substantially from country to country, even after controlling for 30 aspects of study design. Our...