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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
Product Code:
9781491211267
ISBN13:
9781491211267
Condition:
New
$17.05
A Complete Characterization of the Implications of Slutsky Symmetry for the Linear, Log-Linear, and Semi-Log Incomplete Demand System Models
$17.05
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]).
| Author: Roger H. Vonhaefen |
| Publisher: Createspace Independent Publishing Platform |
| Publication Date: Jul 31, 2013 |
| Number of Pages: 68 pages |
| Binding: Paperback or Softback |
| ISBN-10: 1491211261 |
| ISBN-13: 9781491211267 |
