Frisch Esnekliğinin Hanehalkı Kullanım Davranışları Üzerindeki Rolü Endojen İndirgeme Faktörü Modeli

Yıl 2022, Cilt: 12 Sayı: 3, 251 - 267, 26.12.2022

Hamidreza İzadi

https://doi.org/10.18074/ckuiibfd.1084401

Öz

Hane halkı ve toplumun ekonomi ile ilgili kararlarında, faiz oranı, tüketim gibi en önemli kaynaklardan olan iskonto faktörü ve işgücü arzının Frisch esnekliği değişkenlerinin sermaye oluşumu ve tüketimi üzerindeki rolü ve önemi büyük ölçüde etkilenmektedir. sepet ve ev eğlencesi.
Sırasıyla tüketim ve hanehalkının iş ve boş zaman karışımı seçimi konusunda toplumun sabrını gösteren içsel iskonto faktörünün ve emek arzının Frisch esnekliğinin varlığı, hanehalkının kararlarında önemli değişikliklere işaret etmektedir. tüketim ve boş zaman portföyünü etkiler. 1998'den 2020'ye kadar İran ekonomisinden alınan verileri kullanarak bir DSGE modeli geliştirmek için, bu makale iki değişkenin, içsel iskonto faktörü ve Frisch'in esnekliğinin, makroekonomik değişkenler ve hanehalkı performansı üzerindeki etkilerini araştırıyor. Bulgular, içsel iskonto bileşenine sahip ve daha düşük Frisch esnekliği değerine sahip bir modelde, teknolojik şokun tüketim, çıktı ve hanehalkı geliri değişkenleri üzerindeki etkisinin pozitif ve daha anlamlı olduğunu, ancak borç değişkeni üzerinde negatif olduğunu göstermektedir. Dolayısıyla, genel olarak, hanehalkının iskonto faktörünün türüne ve işgücü arzının Frisch esnekliğinin boyutuna duyarlı olduğu ve bu iki faktörün hanehalkının hangi satın alma ve faaliyetleri dahil edeceğine karar vermesine yardımcı olduğu söylenebilir. Beklenen faydasını değiştirmek için boş zaman etkinlikleri sepetinin, hanedeki içsel iskonto faktörü ile birlikte Frisch'in esneklik katsayısındaki bir artış beklenen faydayı değiştirecektir. Ek olarak, bu yol hanehalkı kararları için en iyi yol haline geldi ve kaynakların en iyi dağılımında haneler boş zamana ve kişisel öneme daha yüksek bir değer veriyor.

Anahtar Kelimeler

Endojen İndirgeme Faktörü, DSGE Modeli, Frisch Esnekliği, Hanehalkı Davranışı

THE ROLE OF THE FRISCH ELASTICITY ON HOUSEHOLDS' BEHAVIOR USING THE ENDOGENOUS DISCOUNT FACTOR MODEL

Öz

Decisions made by households and society with regard to the economy are heavily influenced by the role and significance of the variables of discount factor and Frisch elasticity of labor supply, on capital formation and consumption, which are among the most significant sources of interest rate, consumption basket, and household leisure. The existence of the endogenous discount factor and the Frisch elasticity of labor supply, which demonstrate the patience of society with regard to consumption and the choice of the household's work-and-leisure mix, respectively, point to significant changes in the household's decisions that may influence the portfolio of consumption and leisure. In order to develop a DSGE model utilizing data from the Iranian economy for the years 1998 to 2020, this article explores the effects of two variables, the endogenous discount factor and Frisch's elasticity, on macroeconomic variables and household performance. The findings show that in a model with an endogenous discount component and a lower value of Frisch's elasticity, the effect of the technological shock on consumption, output, and household income variables is positive and more significant, but it is negative on the debt variable. Thus, it can be said that in general, given that the household is sensitive to the type of discount factor and the extent of the labor supply's Frisch elasticity and that these two factors are crucial in helping the household decide which purchases and activities to include in its basket of leisure activities in order to change its expected utility, an increase in Frisch's elasticity coefficient along with the endogenous discount factor in the household will change its expected utility. Additionally, this road has evolved into the best one for household decisions, and in the best distribution of resources, households place a higher value on leisure and self-importance.

Anahtar Kelimeler

DSGE Model, Households, Endojen İndirgeme Faktörü, DSGE Modeli, Frisch Esnekliği, Hanehalkı Davranışı

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