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Intertemporal substitution in a monetary frame work: Evidence from Chile and Mexico.

By: Arrau, P.
Material type: materialTypeLabelBookSeries: Working paper series; No. 549. Publisher: Washington : World Bank, 1990Subject(s): Economic conditions | Mexico -- Chile. -- Mexico -- ChileSummary: In this paper the author estimates a monetary Euler system of a utility - maximizing representative consumer from two inflationary Latin American countries: Chile in the late seventies and Mexico in the early eighties.
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In this paper the author estimates a monetary Euler system of a utility - maximizing representative consumer from two inflationary Latin American countries: Chile in the late seventies and Mexico in the early eighties.

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