9781332256891 - cross sectional expenditure system estimation using a varying second stage utility function (classic reprint) di lewbel, arthur (3 risultati)
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Da: PBShop.store US, Wood Dale, IL, U.S.A.PBShop.store US
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EUR 24,34
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.
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Da: PBShop.store UK, Fairford, GLOS, Regno UnitoPBShop.store UK
Contatta il venditoreVenditore con 5 stelleCondizione: Nuovo
EUR 24,58
EUR 3,84 spedizioneSpedito da Regno Unito a U.S.A.Quantità: 15 disponibili
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.
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- Print on Demand
Da: Forgotten Books, London, Regno UnitoForgotten Books
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EUR 15,51
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Paperback. Condizione: New. Print on Demand. This book presents an innovative methodology for estimating consumer demand systems using varying second-stage utility functions. The author demonstrates how a two-stage utility function can be specified whose parameters are the same in the first stage while varying from consumer to c…onsumer in the second stage. This approach has the advantage of allowing price and income effects to be estimated from purely cross-sectional data, without requiring data to span multiple price regimes. The author also discusses the theoretical advantages of a specification that permits consumers to differ by more than a stochastic component, and provides empirical results based on data from a single U.S. Consumer Expenditure Survey. These results reveal demographic differences in estimated parameters and elasticities, highlighting the importance of considering household heterogeneity in demand analysis. The book's methodology and insights are significant for researchers in consumer demand modeling and welfare economics. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.
