Un Modelo de Duración Estructural para el Reemplazo de Bienes Durables

Viviana Fernández

Latin American Journal of Economics-formerly Cuadernos de Economía, 1998, vol. 35, issue 105, 237-254

Abstract: Current sales of most consumer durables are accounted for by replacements. However, only in recent years has the economic literature provided a more rigorous analysis of replacement purchases by incorporating elements of dynamic programming, and of the th

Keywords: Replacement of consumer durables; renewal processes (search for similar items in EconPapers)
JEL-codes: D12 (search for similar items in EconPapers)
Date: 1998
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