A look to financial economics has since added another wrinkle, by pointing to the need to separate risk aversion from intertemporal substitution to calibrate real-world behavior, at times lowering ...

Enke, Benjamin, and Thomas Graeber. "Cognitive Uncertainty in Intertemporal Choice." NBER Working Paper Series, No. 29577, December 2021. (R&R at The Quarterly Journal of Economics.) ...

The workbook sets up the Lucas-Rapping Intertemporal Labor Substitution Model that underlies Real Business Cycle Theory and purports to explain cyclical macro behavior as fluctuations in labor supply.

"Intertemporal Substitution in Labor Supply ... "Culture: An Empirical Investigation of Beliefs, Work, and Fertility." American Economic Journal: Macroeconomics 1 (1): 146–77. Keane, Michael P. 2011. ...