Applied Consumption Analysis
- 2nd Edition, Volume 5 - December 8, 2014
- Author: L. Phlips
- Language: English
- Paperback ISBN:9 7 8 - 1 - 4 9 3 3 - 0 4 8 2 - 0
- eBook ISBN:9 7 8 - 1 - 4 8 3 2 - 9 8 7 0 - 2
This volume links the abstract theory of demand with its econometric implementation. Exercises lead the reader from elementary utility maximization to the most sophisticated recent… Read more
This volume links the abstract theory of demand with its econometric implementation. Exercises lead the reader from elementary utility maximization to the most sophisticated recent techniques, highlighting the main steps in the historical evolution of the subject. The first part presents a brief discussion of duality and flexible forms, and in particular of Deaton and Muellbauer's ``almost ideal demand system''. Part two includes the author's work on true wage indexes, and on intertemporal utility maximization.
Statics. Utility Functions. Demand Functions: Particular Restrictions. Empirical Implementations. Cost-of-Living Indices. Dynamics. Dynamic Single-Equation Models. Dynamic Demand Systems. Substitution, Complementarity and the Utility Tree. Dynamic Cost-of-Living Indices. The Demand for Leisure and Money. An Intertemporal Approach. References. Index.
- Edition: 2
- Volume: 5
- Published: December 8, 2014
- Language: English
Read Applied Consumption Analysis on ScienceDirect