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Models and Projections of Demand in Post-War Britain

  • Authors
  • Angus┬áDeaton

Part of the Cambridge Studies in Applied Econometrics book series (CSAE, volume 1)

Table of contents

  1. Front Matter
    Pages i-x
  2. Angus Deaton
    Pages 1-3
  3. Angus Deaton
    Pages 4-20
  4. Angus Deaton
    Pages 21-33
  5. Angus Deaton
    Pages 50-156
  6. Angus Deaton
    Pages 157-189
  7. Angus Deaton
    Pages 220-229
  8. Back Matter
    Pages 240-261

About this book

Introduction

The first number of our earlier series, A Programme for Growth, carried a notice of forthcoming papers. Five were announced but eventually only four were published. The fifth, which was intended to deal with consumption functions, never appeared; now it takes its place as number one in the new series. It is not that ten years ago we had nothing to say on the subject of consumers' behaviour. The crude estimation method that I had used in my original (1954) paper on the linear expenditure system gave interesting and in many respects satisfactory results, some of which were published outside our series, for instance in Stone, Brown and ). With this method the parameter estimates changed Rowe ( 1964 very little after the first few iterations. Nevertheless they did change, and with the computing resources then at our disposal we failed to reach convergence. It was mainly for this reason that we decided to wait.

Keywords

consumer forecasting growth utility

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4899-3113-9
  • Copyright Information Springer Science+Business Media New York 1975
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-0-412-13640-5
  • Online ISBN 978-1-4899-3113-9
  • Buy this book on publisher's site
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