A Complete Characterization of the Implications of Slutsky Symmetry for the Linear, Log-linear, and Semi-log Incomplete Demand System Models - Roger H Vonhaefen - Livros - CreateSpace Independent Publishing Platf - 9781491211267 - 31 de julho de 2013
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A Complete Characterization of the Implications of Slutsky Symmetry for the Linear, Log-linear, and Semi-log Incomplete Demand System Models

Roger H Vonhaefen

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A Complete Characterization of the Implications of Slutsky Symmetry for the Linear, Log-linear, and Semi-log Incomplete Demand System Models

In a series of papers, LaFrance [1985, 1986, 1990] derives the necessary restrictions for the linear, log-linear, and semi-log incomplete demand system specifications to have symmetric Slutsky matrices in an open neighborhood of relevant price and income levels. These modelsemploy the quantities demanded by the individual as the dependent variables in the specified demand equations, share a common linear-in-parameters and additive structure, and have been extensively used in applied work (e.g., Englin, Boxall, and Watson [1998], Shonkwiler [1999]).

Mídia Livros     Paperback Book   (Livro de capa flexível e brochura)
Lançado 31 de julho de 2013
ISBN13 9781491211267
Editoras CreateSpace Independent Publishing Platf
Páginas 66
Dimensões 4 × 216 × 279 mm   ·   181 g
Idioma English