Explore intertemporal equilibrium, an essential economic concept that analyzes how current and future decisions affect ...

In this paper the effects of a transfer on the intertemporal terms of trade are examined in the context of a simple two-country, two-period model. When intertemporal trade occurs because the two ...

This is a preview. Log in through your library . Abstract As Hall (1988) notes, the magnitude of the intertemporal elasticity of substitution in consumption, σ, is "one of the central questions of ...