which the elasticity of the marginal utility of consumption is greater than one ensures, at the same time, the existence of …

We provide the first estimate of the elasticity of marginal utility of consumption, η, for a post-transition economy in ….42 within the study period that covers 2005-2019. Moreover, the estimate of elasticity of marginal utility of consumption …

We provide the first estimate of the elasticity of marginal utility of consumption, μ, for Europe and for thirty …

, inter alia, Frisch (1959), attempts to give some clarifications and provides elements of a synthesis. The income elasticity …, the wealth elasticity of the marginal utility of wealth, are key concepts. Three cases with additive preferences are …