The Rank and Model Specification of Demand Systems : an Empirical Analysis Using United States Microdata
Title | The Rank and Model Specification of Demand Systems : an Empirical Analysis Using United States Microdata PDF eBook |
Author | Christopher J. Nicol |
Publisher | Regina : Department of Economics, University of Regina |
Pages | 22 |
Release | 1998 |
Genre | |
ISBN |
Model Specification Issues in Consumer Demand Systems Using United States Microdata
Title | Model Specification Issues in Consumer Demand Systems Using United States Microdata PDF eBook |
Author | Christopher J. Nicol |
Publisher | Regina : Department of Economics, University of Regina |
Pages | 19 |
Release | 1995 |
Genre | |
ISBN |
General Equilibrium
Title | General Equilibrium PDF eBook |
Author | W. D. A. Bryant |
Publisher | World Scientific |
Pages | 492 |
Release | 2010 |
Genre | Business & Economics |
ISBN | 9812818359 |
General Equilibrium Theory studies the properties and operation of free market economies. The field is a response to a series of questions originally outlined by Leon Walras about the operation of markets and posed by Frank Hahn in the following way: OCyDoes the pursuit of private interest, through a system of interconnected deregulated markets, lead not to chaos but to coherence OCo and if so, how is that achieved?OCO This is always an apt question, but particularly so given the OCyGlobal Financial CrisisOCO that emerged from the operation of market economies in the Americas and Europe in mid to late 2008. The answer that General Equilibrium Theory provides to the Walras-Hahn question is that, under certain conditions coherence is possible, while under certain other conditions chaos, in various forms, is likely to prevail. The conditionality of either outcome is not always well understood OCo neither by proponents of, or antagonists to, the OCyfree market positionOCO. Consequently, this book attempts to show something of what General Equilibrium Theory has to say about the wisdom or otherwise of always relying on OCymarket forcesOCO to manage complex socio-economic systems. Sample Chapter(s). Chapter 1: General Equilibrium Theory: An Overview (138 KB). Contents: General Equilibrium Theory: An Overview; Existence of Equilibrium: Sufficient Conditions; Existence of Equilibrium: Necessary Conditions; Equilibrium and Irreducibility: Some Empirical Evidence; Existence of Equilibrium Under Alternative Income Conditions; Existence of Walrasian Equilibrium in Some NonOCoArrow-Debreu Environments; Uniqueness of Equilibrium; Stability of Equilibrium; Optimality of Equilibrium; Comparative Statics of Equilibrium States; Empirical Evidence on General Equilibrium; General Equilibrium Theory in Retrospect. Readership: Advanced undergraduates and graduate students in economics; economists interested in economic theory."
Demand System Specification and Estimation
Title | Demand System Specification and Estimation PDF eBook |
Author | |
Publisher | |
Pages | 234 |
Release | 1992 |
Genre | Consumer behavior |
ISBN | 0195356438 |
This study of demand analysis links economic theory to empirical analysis. It demonstrates how theory can be used to specify equation systems suitable for empirical analysis, and discusses demand systems estimation using both per capita time series and household budget data.
Journal of Agricultural and Applied Economics
Title | Journal of Agricultural and Applied Economics PDF eBook |
Author | |
Publisher | |
Pages | 292 |
Release | 2008 |
Genre | Agriculture |
ISBN |
Economics Letters
Title | Economics Letters PDF eBook |
Author | |
Publisher | |
Pages | 954 |
Release | 2002 |
Genre | Economics |
ISBN |
The Energy Journal
Title | The Energy Journal PDF eBook |
Author | |
Publisher | |
Pages | 850 |
Release | 2006 |
Genre | Energy industries |
ISBN |