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

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ISBN-10: 1491211261

ISBN-13: 9781491211267

Edition: N/A

Authors: Roger vonHaefen

List price: $14.45
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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]).
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Book details

List price: $14.45
Publisher: CreateSpace Independent Publishing Platform
Publication date: 7/31/2013
Binding: Paperback
Pages: 66
Size: 8.50" wide x 11.00" long x 0.15" tall
Weight: 0.484
Language: English