Search Results - subject:"demand functions"

Did you mean: subject:"demand function" (2,315 results)

Are estimates of labour demand functions mere statistical artefacts?

Felipe, Jesus; McCombie, J. S. L. - In: International Review of Applied Economics 23 (2009) 2, pp. 147-168

This paper considers the estimation of putative neoclassical aggregate labour demand functions using constant price …

Persistent link: https://www.econbiz.de/10005269207

The Effect of Parents' Employment on Children's Educational Attainment

Ermisch, John; Francesconi, Marco - 2000

This paper presents the conditions under which a causal interpretation can be given to the association between childhood parental employment and subsequent education of children. In a model in which parental preferences are separable in own consumption and children?s wellbeing, estimation is...

Persistent link: https://www.econbiz.de/10010262421

The effect of parents' employment on children's educational attainment

Ermisch, John; Francesconi, Marco - 2000

Persistent link: https://www.econbiz.de/10011339085

Local disaggregation of demand and excess demand functions: a new question

Chiappori, Pierre-André; Ekeland, Ivar; Browning, Martin - Økonomisk Institut, Københavns Universitet - 1999

The literature on the characterization of aggregate excess and market demand has generated three types of results: global, local, or 'at a point'. In this note, we study the relationship between the last two approaches. We prove that within the class of functions satisfying standard conditions...

Persistent link: https://www.econbiz.de/10005749680

Monetary disequilibria and the euro/dollar exchange rate

Nautz, Dieter; Ruth, Karsten - In: The European Journal of Finance 14 (2008) 8, pp. 701-716

Although stable money demand functions are crucial for the monetary model of the exchange rate, empirical research on … rate. We investigate whether monetary disequilibria provided by the empirical literature on US and European money demand … functions contain useful information about exchange rate movements. Our results suggest that the empirical performance of the …

Persistent link: https://www.econbiz.de/10005471926

A Simultaneous Econometric Model of World Fresh Vegetable Trade, 1962-82: An Application of Nonlinear Simultaneous Equations

Sparks, Amy L.; Ward, Ronald W. - In: Journal of Agricultural Economics Research, 2

World fresh vegetable trade increased more than fourfold between 1962 and 1982. The major trading areas include virtually the entire world- Latin America, the United States, Canada, the European Community, the Middle East, the Far East, Africa, and the non-EC Western European nations. An...

Persistent link: https://www.econbiz.de/10010879218

Local Disaggregation of Negative Demand and Excess Demand Functions

Chiappori, Pierre-André; Ekeland, Ivar; Browning, Martin - Centre for Applied Microeconometrics (CAM), Økonomisk … - 2005

The literature on the characterization of aggregate excess and market demand has generated three types of results: global, local, or ’at a point’. In this note, we study the relationship between the last two approaches. We prove that within the class of functions satisfying standard...

Persistent link: https://www.econbiz.de/10005749465

Learning Foreign Languages.Theoretical and Empirical Implications of the Selten and Pool Model

Ginsburgh, Victor; Ortuño-Ortín, Ignacio; Weber, Shlomo - C.E.P.R. Discussion Papers - 2005

In this paper we adopt the Selten-Pool model (1993) framework of language acquisition that is based on the notion of communicative benefits and learning costs. We consider a model with languages that serve as imperfect substitutes and show that under supermodularity of the communicative benefits...

Persistent link: https://www.econbiz.de/10005792036

The equilibrium manifold keeps the memory of individual demand functions

Balasko, Yves - In: Economic Theory 24 (2004) 3, pp. 493-501

It is shown that the property that the equilibrium manifold keeps the memory of the individual demand functions holds … differentiability nor continuity are necessary. In addition, the demand functions do not have to be utility maximizing subject to budget …

Persistent link: https://www.econbiz.de/10005370975

Transformations of the Commodity Space, Behavioral Heterogeneity and the Aggregation Problem

Grandmont, Jean-Michel - Cowles Foundation for Research in Economics, Yale University - 1991

induced on demand functions by affine transformations of the commodity space (or household equivalence scales). Increasing the … equivalence class of demand functions fiat enough, has an important regularizing influence on aggregate budget shares: market …

Persistent link: https://www.econbiz.de/10005463848