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deserves analysis.  The literature on structural change has emphasised changing patterns of demand as an explanation for the … increasing importance of the services sector.  In order to establish the significance of private final demand as an explanation …
Persistent link: https://www.econbiz.de/10011004136
It is universally accepted that children have important effects on household demand patterns. This is usually … observed correlations between children and demand patterns are due to non-direct effects, such as fixed effects, state … who do not have children currently living at home. If there are only direct effects then the demand patterns of those who …
Persistent link: https://www.econbiz.de/10010604812
This paper examines conditions which guarantee that the excess demand function of an exchange economy will satisfy the … having von Neumann-Morgenstern utility functions. We show that the structural properties of demand near an equilibrium price …
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In this note we identify and clarify a confusion that has arisen in the literature about the exact relationship between unitary and collective models and what enters the Pareto weight and the sharing function. We suggest that we should denote as `unitary` any model that leads to outcomes that...
Persistent link: https://www.econbiz.de/10005051122