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National Bureau of Economic Research6y
Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation) | NBER - National Bureau of Economic Research
This paper shows that standard empirical methods for estimating log-linearized consumption Euler equations cannot successfully uncover structural parameters like the coefficient of relative risk ...
Scientific Research Publishing1y
Carroll, C. D. (2001). Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation). Topics in Macroeconomics, 1 ...
Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation). Topics in Macroeconomics, 1, 153460131003. Login.