Between Dec 19, 2024 and Jan 2, 2025, datasets can be submitted to DRUM but will not be processed until after the break. Staff will not be available to answer email during this period, and will not be able to provide DOIs until after Jan 2. If you are in need of a DOI during this period, consider Dryad or OpenICPSR. Submission responses to the UDC may also be delayed during this time.
 

On the Specification of Multi - Market Disequilibrium Econometric Models

Lee, Lung-Fei
1984-11
Thumbnail Image

View/Download File

1984-209.pdf (745.31 KB)

Persistent link to this item

https://hdl.handle.net/11299/55432
Statistics
View Statistics

Journal Title

Journal ISSN

Volume Title

Title

On the Specification of Multi - Market Disequilibrium Econometric Models

Authors

Published Date

1984-11

Publisher

Center for Economic Research, Department of Economics, University of Minnesota

Type

Working Paper

Abstract

The specifications of multi-market disequilibrium econometric models are clouded with different concepts of effective demand. This paper points out that the specification of such models for econometric analysis can be achieved from the basic concept of fixed price equilibrium and without the use of the concepts of effective demand. The specifications of Ito and Gourieroux, Laffont and Monfort are justified within this framework.

Keywords

Description

Related to

Replaces

License

Collections

Center for Economic Research Discussion Papers

Series/Report Number

Discussion Paper
209

Funding information

Isbn identifier

Doi identifier

Previously Published Citation

Lee, L., (1984), "On the Specification of Multi - Market Disequilibrium Econometric Models", Discussion Paper No. 209, Center for Economic Research, Department of Economics, University of Minnesota.

Other identifiers

Suggested citation

Lee, Lung-Fei. (1984). On the Specification of Multi - Market Disequilibrium Econometric Models. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/55432.

Content distributed via the University Digital Conservancy may be subject to additional license and use restrictions applied by the depositor. By using these files, users agree to the Terms of Use. Materials in the UDC may contain content that is disturbing and/or harmful. For more information, please see our statement on harmful content in digital repositories.