000			01378cas a2200229 a 4500
008			820208c19829999ctuar m 0 a0eng c
020			_a0892321385
040			_aHUL _cHUL
050	0	0	_aHB139 _b.A33
082	0	4	_a330.01'5195 _bADV
245	0	0	_aAdvances in econometrics /
260			_aGreenwich, Conn. : _bJAI Press, _c©1982-
300			_av ;
520			_aAlmost half of this book is devoted to the essay by Dale Jorgenson, Lawrence Lau, and Thomas Stoker, "The Transcendental Logarithmic Model of' Aggregate Consumer Behavior." A general approach to the exact aggregation of demand functions over households is taken: household demand functions may be nonlinear in income, and correspondingly the aggregate demand function may contain indexes (i.e., symmetric functions, not merely the mean) of household incomes. Attributes such as demographic characteristics may also enter the household functions and then reappear as indexes in the aggregate function. All this serves to increase the generality of consumer demand systems while preserving the utility-maximizing underpinnings. For a more concise development, see Lau (1982).
590			_arpm 21/03/2018
591			_aLoans
650		0	_aEconometrics
650		7	_aConsumer behavior--Econometric models
650		7	_aLabor supply--Econometric models
942			_2ddc _cBOOK
949			_a330.01'5195 ADV
999			_c7553 _d7553