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About this book

Introduction

In this book interrelated factor demand models are surveyed. New methods are developed and are analysed empirically using Dutch and U.K. time series data. New methods are discussed for obtaining closed form solutions of linear ratinal expectations models, providing deeper insights into the identification of structural parameters of underlying theoretical models; recently developed time series techniques are applied in order to estimate structural parameters and test for model specification, stationarity and stability through time; new models are developed in which the rather stringent and questionable restrictions of symmetry generally imposed upon stochastic adjustment models of labour demand are relaxed, the models are analysed empirically using time series data of Dutch and U.K. manufacturing production and nonproduction workers.

Keywords

Asymmetric adjustment costs Asymptotic least squares Generalized methods of moments Interrelated labour demand Nichtlineare dynamische Modelle Nonlinear dynamic models production

Authors and affiliations

  • Gerard A. Pfann
    • 1
  1. 1.Department of EconomicsUniversity of LimburgMaastrichtThe Netherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-45676-3
  • Copyright Information Springer-Verlag Berlin Meidelberg 1990
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-52881-4
  • Online ISBN 978-3-642-45676-3
  • Series Print ISSN 0075-8442
  • Series Online ISSN 2196-9957
  • Buy this book on publisher's site
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