Using a measure of patience proposed by Myerson et al. (2001) and Caliendo and Findley (2014), this paper compares aggregate savings between exponential and quasi-hyperbolic discounters in two different models of economies: (1) the economy with linear technology and stochastic productivity shock and (2) a deterministic neoclassical growth model developed by Laibson (1997). This paper shows that intertemporal elasticity of substitution and growth rates have important roles in determining equilibrium savings of the two discounters.

中文翻译：

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准双曲线与指数贴现下的总储蓄

使用 Myerson 等人提出的耐心措施。(2001) 以及 Caliendo 和 Findley (2014)，这篇论文比较了两种不同经济模型中指数和准双曲线折扣的总储蓄：(1) 具有线性技术和随机生产力冲击的经济，以及 (2) 确定性的新古典增长由 Laibson (1997) 开发的模型。本文表明，跨期替代弹性和增长率在决定两个折扣店的均衡储蓄方面具有重要作用。