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

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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]).

Media Books     Paperback Book   (Book with soft cover and glued back)
Released July 31, 2013
ISBN13 9781491211267
Publishers CreateSpace Independent Publishing Platf
Pages 66
Dimensions 4 × 216 × 279 mm   ·   181 g
Language English  

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