This dissertation examines two separate issues concerning systems of demand equations. The first essay deals with the econometric implementation of demand systems and the second analyzes the demand for integer-ordered goods.In the first essay, we examine the consequences of adopting the random...

My dissertation consists of two unrelated essays. In the first essay, "Wage Subsidy in an Optimal Redistribution Program", I analyze the efficiency of income transfers and wage subsidies as instruments of income redistribution in an optimal taxation framework. I extend the Mirrlees model (1971)...

This dissertation develops efficient semiparametric estimation of parameters and expectations in dynamic nonlinear systems and analyzes the role of environmental factors in productivity growth accounting.The first essay considers the estimation of a general class of dynamic nonlinear systems....

The concept of period length in the empirical application of cash-in-advance (CIA) models is introduced. CIA models posit that individuals and firms hold cash to purchase goods over a period. However, there has been no research into how long a period is. Existing empirical studies use quarterly...