Utility Function Transformations and Money Illusion: Comment.

The article discusses utility functions transformations. Researchers Richard Dusansky and Peter Kalman (D-K) have claimed that the standard condition that utility functions be homogeneous of degree zero (HDO) in money and prices is not a necessary one for demand functions to be free of money illusio...

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Publicado en:	American Economic Review Vol. 70; no. 4; pp. 819 - 823
Autores principales:	Howin, Peter, Patinkin, Don
Formato:	Artículo
Publicado:	American Economic Association Sep80
Materias:	Kalman filtering Utility functions Control theory (Engineering) Money illusion Stochastic processes Estimation theory Supply & demand Economic stabilization
Acceso en línea:	Ver este registro en EBSCOhost