Diffusion et effet de vague

Christian Gourieroux and Irina Peaucelle

Annals of Economics and Statistics, 1996, issue 44, 191-217

Abstract: We consider dynamic models for analysing the holding rates of some durable goods, and especially for describing how these rates react to some modifications of prices. The feature of this paper is the introduction of individual heterogeneity. It allows to examine how the good will diffuse among the different subpopulations depending on their receptivity degree. The different modelling aspects are successively presented: model specification, introduction of explanatory factors, aggregation biases, estimation.

Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1996:i:44:p:191-217

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