An Empirical Comparison of Flexible Demand System Functional Forms

Douglas Fisher, Adrian R. Fleissig and Apostolos Serletis

Chapter 13 in Money and the Economy, 2006, pp 247-277 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Demand Systems ApproachEight Flexible Functional FormsLocally Flexible Functional FormsEffectively Globally Regular Functional FormsGlobally Flexible Functional FormsThe U.S. Consumption DataEconometric ResultsMorishima Elasticities of SubstitutionForecast ResultsConclusions

Keywords: Monetary Aggregation; Demand for Money; Demand Systems; Flexible Functional Forms; Welfare Cost of Inflation; Money-Income Causality; Nominal Stylized Facts (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789812773500_0013 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789812773500_0013 (text/html)
Ebook Access is available upon purchase.

Related works:
Journal Article: An empirical comparison of flexible demand system functional forms (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789812773500_0013

Ordering information: This item can be ordered from
sales@wspc.com.sg

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim (tltai@wspc.com.sg).