THE ALLOCATION OF CONSUMER EXPENDITURES IN A SWEDISH MACROECONOMIC MODEL.

The paper presents and estimates demand functions for components of consumer expenditures in Sweden, based on quarterly data for 1963–72. The model employed, while simple, possesses some attractive features. Income elasticities may be different from unity and complementary as well as substitutionary...

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Bibliographic Details
Published in:European Economic Review Vol. 8; no. 4; pp. 371 - 397
Main Author: Lybeck, Johan A.
Format: Article
Published: Elsevier B.V. Dec76
Subjects:
Online Access:View this record in EBSCOhost