This paper considers the problem of determining the parameters in equality-constrained neoclassical models frequently encountered in economic analysis. These include the utility-maximizing household, subject to income and time constraints; and the profit-maximizing firm subject to a given technology. The approach applies equally to the traditional (regression based) stochastic econometric model (with additive normally distributed errors) or to a deterministic...
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详细
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1985/10/01
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部门工作文件
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DRD136
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1
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1
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2010/07/01
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Disclosed
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Neoclassical econometrics : the kernel
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parameter vector