Search Results - subject:"Indirect utility"

Dynamic asset allocation and consumption with the indirect utility function

Chibane, Messaoud; Six, Pierre - In: Finance research letters 65 (2024), pp. 1-6

Persistent link: https://www.econbiz.de/10014553017

Durable goods and consumer behavior with liquidity constraints

Kim, H. Youn; Molina, José Alberto; Wong, K. K. Gary - In: The Scandinavian journal of economics 126 (2024) 1, pp. 155-193

Persistent link: https://www.econbiz.de/10014481120

Durable goods and consumer behavior with liquidity constraints : evidence from Norway

Kim, H. Youn; Molina, J. Alberto; Wong, K. K. Gary - 2022

Persistent link: https://www.econbiz.de/10012805217

Measuring price risk aversion through indirect utility functions : a laboratory experiment

Zeytoon-Nejad, Ali - In: Games 13 (2022) 4, pp. 1-43

prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper …

Persistent link: https://www.econbiz.de/10013368182

Weak Concavity Properties of Indirect Utility Functions in Multisector Optimal Growth Models

Venditti, Alain - 2014

by an indirect utility function which summarizes the consumers’ preferences and the technologies. Weak concavity … assumptions of the indirect utility function allow one to prove differentiability of optimal solutions and stability of steady … function is concave-rho, then the indirect utility function is weakly concave, and its curvature coefficients are bounded from …

Persistent link: https://www.econbiz.de/10010900258

Consumer Demand, Consumption, and Asset Pricing: An Integrated Analysis

Kim, H. Youn; McLaren, Keith R.; Wong, K.K. Gary - Department of Econometrics and Business Statistics, … - 2014

This paper integrates seemingly disjoint studies on consumer behavior in micro and macro analyses via the intertemporal two-stage budgeting procedure with durable goods and liquidity constraints. The model accounts for the influences of nondurables consumption, commodity prices, and durables...

Persistent link: https://www.econbiz.de/10010958950

A Class of Demand Systems Satisfying Global Regularity and Having Complete Rank Flexibility

McLaren, Keith R.; Yang, Ou - Department of Econometrics and Business Statistics, … - 2014

A class of demand systems based on simple parametric specification of the indirect utility functions, but allowing for …

Persistent link: https://www.econbiz.de/10010958951

Public and private sector jobs, unreported income and consumption gap in India: Evidence from micro-data

Kar, Saibal; Roy, Poulomi; Saha, Sarani - 2012

This paper tries to document the presence of unreported income among public sector employees in India. We investigate empirically the wage gap as well as consumption expenditure parity between public and private sector workers. It tests the hypothesis that despite a lower level of public sector...

Persistent link: https://www.econbiz.de/10010282572

Public and Private Sector Jobs, Unreported Income and Consumption Gap in India: Evidence from Micro-Data

Kar, Saibal; Roy, Poulomi; Saha, Sarani - Institute for the Study of Labor (IZA) - 2012

Persistent link: https://www.econbiz.de/10011279356

Generalized marginal rate of substitution in multiconstraint consumer's problems and their reciprocal expenditure problems

Besada, Manuel; García, Javier; Mirás, Miguel; … - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 3, pp. 401-421

The aim of this paper is to explore several features concerning the generalized marginal rate of substitution (GMRS)when the consumers utility maximization problem with several constraints is formulated as a quasi-concave programming problem. We show that a point satisfying the first order...

Persistent link: https://www.econbiz.de/10010317072