Durable goods, costly reversibility, and adjustment costs: A user cost approach with nondurable goods.

Durable goods are typically treated as irreversible or costlessly reversible with no allowance for adjustment costs. We formulate and estimate a dynamic structural model of durable goods with the user cost that features costly reversibility and adjustment costs with nondurable goods, and analyze the...

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Detalles Bibliográficos

Publicado en:	Southern Economic Journal Vol. 93; no. 1; pp. 85 - 128
Autores principales:	Kim, H. Youn, Wong, K. K. Gary
Formato:	Artículo
Publicado:	Wiley-Blackwell Jul2026
Materias:	Elasticity (Economics) Cost Durable consumer goods Secondhand trade Intertemporal choice Cost analysis Commercial products
Acceso en línea:	Ver este registro en EBSCOhost