Figure 2. Months with optimal elasticity of substitution, 2000–12
Bin Previous biennial period Previous year Previous month

0.1

 32 27 25

0.2

 1 2 3

0.3

 11 5 4

0.4

 5 4 5

0.5

 5 6 3

0.6

 3 9 9

0.7

 4 11 3

0.8

 7 7 11

0.9

 4 4 11

1.0

 84 81 82

Source: U.S. Bureau of Labor Statistics.