Discriminating among alternative habit formation schemes in single-equation demand models

Habit Formation and Dynamic Demand Functions

Consumption Models with Habit Formation

Consumption Models with Habit Formation

Discriminating among single locus models using small pedigrees.

Simulated small pedigrees (2 parents, 4 offspring) were used to illustrate the applications and limitations of a "model choice" approach designed to detect genetic heterogeneity in familial diseases. While it is possible to identify groups of pedigrees which have different genetic causes for quanitative phenotypic trait(s), theoretical limitations on discriminating between 4 single locus models...

Intertemporal substitution in import demand and habit formation

To study non-durable import demand, we extend previous work done by Clarida (1994) and Ceglowski (1991) by considering a two-good version of the life cycle model in which we introduce time-nonseparability in the households' preferences. The model is estimated using quarterly data for US and France. Using the information contained in the observed stochastic and deterministic trends, we derive a ...