Lee, Lung-Fei2009-12-032009-12-031984-11Lee, 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.https://hdl.handle.net/11299/55432The 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.en-USOn the Specification of Multi - Market Disequilibrium Econometric ModelsWorking Paper