A Test of New Aggregate Damand Curvature Properties.
| Data(s) |
22/09/2006
22/09/2006
1988
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|---|---|
| Resumo |
In This Paper We Present and Implement an Econometric Test of Both Negative Semi-Definiteness of the Matrix of Compensated Price Effects and of the Negative Quasi-Definiteness of the Matrix of Uncompensated Price Effects. This Test Allows Us to Evaluate Two Alternative Characterizations of Aggregate Demand Systems: the First, That They Behave Like Individual Demand Fuctions, and the Second, That They Respect the Properties Implied by the Assumptions Proposed by Hidebrand (1983) Or Grandmont (1984). |
| Formato |
729757 bytes application/pdf |
| Identificador |
Korenman, S.D., Ouellette, P. et Wooldridge, J., «A Test of New Aggregate Damand Curvature Properties.», Cahier de recherche #8801, Département de sciences économiques, Université de Montréal, 1988, 22 pages. |
| Relação |
Cahier de recherche #8801 |
| Palavras-Chave | #Econometrics #Tests #Aggregate Functions #Demand |
| Tipo |
Article |
