Hostname: page-component-7479d7b7d-wxhwt Total loading time: 0 Render date: 2024-07-12T03:19:34.756Z Has data issue: false hasContentIssue false

More about Dynamic Demand Systems

Published online by Cambridge University Press:  17 August 2016

D. Weiserbs*
Affiliation:
Université Catholique de Louvain
Get access

Extract

When one writes a paper, one hopes for a large hearing. I have reduced my illusions, as to my audience, to those few who have read either Houthakker and Taylor [(1970, chap. V)] of Phlips (1972) or Taylor and Weiserbs (1972). Probably only they could be interested in a presentation of the theory underlying these studies and/or in some improvements in the empirical comparison realized by L. Taylor and myself. There is nothing here for a revolution in the theory of the consumer but only an attempt to ornament the last one.

Type
Research Article
Copyright
Copyright © Université catholique de Louvain, Institut de recherches économiques et sociales 1974 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

*

Research supported by the FRFC. I am grateful to J. Dreze, M. Manove and L. Phlips for helpful discussions.

References

Barten, A.P. (1967), Evidence on the Slutsky Conditions for Demand Equations, Review of Economics and Statistics, Vol. 49, p. 7784.10.2307/1937885Google Scholar
Goldberger, A.S. (1967), Functional Form and Utility: A Review of Consumer Demand Theory, SSRI, Workshop Paper 6703.Google Scholar
Houthakker, H.S. and Taylor, L.D. (1970), Consumer Demand in the United States: Analyses and Projections, Harvard University Press.Google Scholar
Marquet, G. and Phlips, L. (1974), Estimation par maximum de vraisemblance du système linéaire des dépenses dynamisé, Recherches Economiques de Louvain, Vol. 40, n° 1.Google Scholar
Mattei, A. (1971), A Complete System of Dynamic Demand Functions, European Economic Review, Vol. 2, 251276.10.1016/0014-2921(71)90042-0Google Scholar
Phlips, L. (1972), A Dynamic Version of the Linear Expenditure Model, Review of Economics and Statistics, Vol. 54, 450458.10.2307/1924573Google Scholar
Phlips, L. (1974), Applied Consumption Analysis, North-Holland.Google Scholar
Taylor, L.D. and Weiserbs, D. (1972), On the Estimation of Dynamic Demand Functions, Review of Economics and Statistics, Vol. 54, 459465.10.2307/1924574Google Scholar
Weiserbs, D. (1972), Contributions à une analyse dynamique des choix du consommateur, Ph.D. dissertation, ANEC, Louvain.Google Scholar
Zellner, A. (1962), An Efficient Method of Estimating Semingly Unrelated Regressions and Tests for Aggravation Bias, J.A.S.A., Vol. 57, n° 2.Google Scholar