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Models and Projections of Demand in Post-War Britain: 1 (Cambridge Studies in Applied Econometrics, 1) - Tapa blanda

Deaton, Angus

 
9780412136405: Models and Projections of Demand in Post-War Britain: 1 (Cambridge Studies in Applied Econometrics, 1)
Tapa blanda
ISBN 10: 0412136406 ISBN 13: 9780412136405
Editorial: Springer, 1975

Sinopsis

The first number of our earlier series, A Programme for Growth, carried a notice of forthcoming papers. Five were announced but eventually only four were published. The fifth, which was intended to deal with consumption functions, never appeared; now it takes its place as number one in the new series. It is not that ten years ago we had nothing to say on the subject of consumers’ behaviour. The crude estimation method that I had used in my original (1954) paper on the linear expenditure system gave interesting and in many respects satisfactory results, some of which were published outside our series, for instance in Stone, Brown and ). With this method the parameter estimates changed Rowe ( 1964 very little after the first few iterations. Nevertheless they did change, and with the computing resources then at our disposal we failed to reach convergence. It was mainly for this reason that we decided to wait.

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Reseña del editor

The first number of our earlier series, A Programme for Growth, carried a notice of forthcoming papers. Five were announced but eventually only four were published. The fifth, which was intended to deal with consumption functions, never appeared; now it takes its place as number one in the new series. It is not that ten years ago we had nothing to say on the subject of consumers' behaviour. The crude estimation method that I had used in my original (1954) paper on the linear expenditure system gave interesting and in many respects satisfactory results, some of which were published outside our series, for instance in Stone, Brown and ). With this method the parameter estimates changed Rowe ( 1964 very little after the first few iterations. Nevertheless they did change, and with the computing resources then at our disposal we failed to reach convergence. It was mainly for this reason that we decided to wait.

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Editorial
Springer
Año de publicación
1975
Idioma
Inglés
ISBN 10 
0412136406
ISBN 13 
9780412136405
Encuadernación
Tapa blanda
Número de páginas
272
Contacto del fabricante
ProductSafety@springernature.com
ProductSafety@springernature.com

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