Showing 61 - 64 of 64
This paper presents new evidence on the estimation of the demand for education. Unlike previous studies, this study uses the translog-LES indirect utility function to analyze the demand for education within a multicommodity framework for annual U.S. consumption expenditures for the period...
Persistent link: https://www.econbiz.de/10008598816
Persistent link: https://www.econbiz.de/10010156116
We formulate and estimate a dynamic structural model of consumer behavior with the user cost of durable goods by incorporating costly reversibility and adjustment costs, and analyze the demands for durable and nondurable goods, using U.S. data. We find an important role of a secondhand market in...
Persistent link: https://www.econbiz.de/10014080098
Persistent link: https://www.econbiz.de/10012417970