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Disequilibrium econometrics on micro data

Bouissou, M. B. and Laffont, Jean-Jacques and Vuong, Quang H. (1986) Disequilibrium econometrics on micro data. Review of Economic Studies, 53 (1). pp. 113-124. ISSN 0034-6527. https://resolver.caltech.edu/CaltechAUTHORS:20171114-150254959

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Abstract

This paper brings some empirical evidence to the construction of a more disaggregated view of disequilibrium. Individual data on firms collected by INSEE through periodic Business Surveys are used to construct the distribution of firms over the four possible disequilibrium regimes. Then the behavior of this distribution over time is analyzed by estimating dynamic conditional logit models on panel data.


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http://www.jstor.org/stable/2297595JSTORArticle
http://resolver.caltech.edu/CaltechAUTHORS:20170920-162642711Related ItemWorking Paper
Additional Information:© 1986 The Society for Economic Analysis Limited. First version received January 1984; final version accepted July 1985 (Eds.) Support from DRGST 81-E-1303 is gratefully acknowledged. We are indebted to E. Malinvaud and B. Ottenwaelter for giving us access to the individual data collected by INSEE. We are grateful to two anonymous referees and G. Mizon for their remarks on a previous draft. Formerly SSWP 502.
Funders:
Funding AgencyGrant Number
Direction Générale de la Recherche Scientifique et TechniqueDGRST 81-E-1303
Subject Keywords:Unemployment, Market disequilibrium, Keynesianism, Economic models, Public expenditures, Demand, Conditional probabilities, Mathematical models, Macroeconomics, Purchasing power
Issue or Number:1
Record Number:CaltechAUTHORS:20171114-150254959
Persistent URL:https://resolver.caltech.edu/CaltechAUTHORS:20171114-150254959
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:83202
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:15 Nov 2017 23:15
Last Modified:03 Oct 2019 19:03

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