Recent Methodological Advances in Economic Equation Systems

Barnett, W.A. (forthcoming) Consumer Demand and Labor Supply. Amsterdam: North Holland.

——— (1979) "Theoretical foundations for the Rotterdam model ." Rev. of Econ. Studies 46: 109-130.

Barten, A.P. (1977) "The systems of consumer demand functions approach: a review." Econometrica 45: 23-51.

--- ( 1971) "An import allocation model for the Common Market." Cahiers Economiques de Bruxelles 50: 3-14.

Basmann, R.L. (1957) "A generalized classical method of linear estimation of coefficients in a structural equation." Econometrica 25: 77-83.

Bergstrom, A.R. and C.R. Wymer (1976) "A model of disequilibrium neoclassical growth and its application to the United Kingdom," in A. R. Bergstrom (ed.) Statistical Inference in Continuous Time Econometric Models. Amsterdam: North Holland.

Bisignano, J. (forthcoming) "Real money substitutes." Int. Economic Rev.

Brillenbourg, A. and S.M. Schadler (1979) "A model of currency substitution in exchange rate determination, 1973-1978." IMF Staff Papers 26: 513-542. Washington, D.C.

Brown, A. and A. Deaton (1972) "Surveys in applied economics: models of consumer behavior." Economic Journal 82: 1145-1236.

Brundy, J.M. , and D.W. Jorgenson (1971) "Efficient estimation of simultaneous equations by instrumental variables." Rev. of Economics and Statistics 53: 207-244.

Chow, G.C. (1975) Analysis and Control of Dynamic Systems. New York: John Wiley.

Christ, C.F. (1975) "Judging the performance of econometric models of the U.S. economy." Int. Econ. Rev. 16: 54-74.

Chrystal, K.A. (1977) "Demand for international media of exchange." Amer. Econ. Rev. 67: 840-850.

Clements, K.W. (1980) "An aggregative multiproduct supply model." European Econ. Rev. 13: 239-245.

——— (1976) "A linear allocation of spending-power system: a consumer demand and portfolio model." Economic Record 52: 182-198.

--- and H. Theil (1979) A Cross-Country Analysis of Consumption Patterns . Report 7924 of the Center for Mathematical Studies in Business and Economics. University of Chicago.

--- ( 1978) "A simple method of estimating price elasticities in international trade." Economics Letters 1: 133-137.

Clements, K.W. , M. Evans , D.S. Ironmonger , and A.A. Powell (1978) "A linear expenditure system with adjustment costs ." Economic Record 54: 321-333.

Deaton, A. (1977) "Equity, efficiency and the structure of indirect taxation." J. of Public Economics 8: 299-312.

——— (1975) Models and Projections of Demand in Post-War Britain . London: Chap-man and Hall.

Dhrymes, P.J. (1971) "A simplified structural estimator for large-scale econometric models." Australian J. of Statistics 13: 168-175.

Diewert, W.E. (1974) "Intertemporal consumer theory and the demand fordurables ." Econometrica 42: 497-516.

Divisia, F. (1925) "L'indice monétaire et la théorie de la monnaie ." Revue d'Economie Politique 39: 980-1008.

Ferber, R. and W.Z. Hirsch (1978) "Social experimentation and economic policy: a survey." J. of Econ. Literature 16: 1379-1414.

Fisher, F.M. (1966) The Identification Problem in Econometrics. New York: McGraw-Hill.

——— (1965). "Dynamic structure and estimation in economy-wide econometric models," in J. S. Duesenberry et al. (eds.) The Brookings Quarterly Econometric Model of the United States. Amsterdam: North Holland.

Frisch, R. (1932) New Methods of Measuring Marginal Utility. Tubingen: J.C.B. Mohr.

Geraci, V.J. and W. Prewo (1978) "The supply and demand for bilateral trade in a multicountry framework." Discussion Paper, Department of Economics, Umversity of Texas at Austin.

Goldberger, A.S. (1972) "Structural equation methods in the social sciences ." Econometrica 40: 979-1001.

--- and T. Galametsos (1970) "A cross-country comparison of consumer expenditure patterns." European Econ. Rev. 1: 357-400.

Granger, C.W.J. (1969) "Investigating causal relations by econometric models and cross-spectral methods." Econometrica 37: 424-438.

Haavelmo, T. (1943) "The statistical implications of a system of simultaneous equations." Econometrica 11: 1-12.

Hasenkamp, G. and A.Y.C. Koo (1978) "United States demand for material imports, distinguished by regions of supply." University of Bonn and Michigan State University. (mimeo)

Haugh, L.D. (1976) "Checking the independence of two covariance-stationary time series: a univariate residual cross-correlation approach." J. of the Amer. Stat. Assn. 71: 378-385.

Heckman, J.J. (1978) "Dummy endogenous variables in a simultaneous equation system." Econometrica 46: 931-959.

Hendry, D.F. (1976) "The structure of simultaneous equations estimators ." J. of Econometrics 4: 51-88.

Hickman, B.G. and L.J. Lau (1973) "Elasticities of substitution and export demands in a world trade model." European Econ. Rev. 4: 347-380.

Hood, W. C. , and T. C. Koopmans [eds.] (1953) Studies in Econometric Method . New York: John Wiley.

Intriligator, M.D. (1978) Econometric Models, Techniques and Applications . Englewood Cliffs, NJ: Prentice-Hall .

Jonson, P.D. (1976) "Money and economic activity in the open economy: the United Kingdom, 1880-1970." J. of Pol. Economy 84: 979-1012.

Klein, L.R. and H. Rubin (1948) "A constant-utility index of the cost of living ." Rev. of Econ. Studies 15: 84-87.

Kloek, T. and L.B.M. Mennes (1960) "Simultaneous equations estimation based on principal components of predetermined variables." Econometrica 28: 45-61.

Knight, M.D. and C.R. Wymer (1978) "A macroeconomic model of the United Kingdom." IMF Staff papers 25: 742-778. Washington, D.C.

Koopmans, T.C. (1953) "Identification problems in economic model construction," in Hood and Koopmans (eds.) Studies in Econometric Method. New York: John Wiley.

--- [ed.] (1950) Statistical Inference in Dynamic Economic Models . New York: John Wiley.

Laitinen, K. and H. Theil (1978) "Supply and demand of the multiproduct firm." European Econ. Rev. 11: 107-154.

Lluch, C. , A.A. Powell , and R.A. Williams (1977) Patterns in Household Demand and Saving. Oxford Univ. Press.

Lucas, R.E., Jr. (1976) "Econometric policy evaluation: a critique," in K. Brunner and A. Meltzer (eds.) The Phillips Curve and Labor Markets. Amsterdam: North Holland.

Norton, W. E. [ed.] (1977) Conference on Applied Economic Research. Sydney: Reserve Bank of Australia.

O'Brien, J.M. (1974) "The covariance measure of substitution: an application to financial assets." Rev. of Economics and Statistics 56: 456-467.

Parkin, M. (1970) "Discount house portfolio and debt selection." Rev. of Econ. Studies 37: 469-497.

Pencavel, J.N. (1977) "Constant utility index numbers of real wages." Amer. Econ. Rev. 67: 91-100.

Phlips, L. (1974) Applied Consumption Analysis. Amsterdam: North Holland.

--- ( 1972) "A dynamic version of the linear expenditure system." Rev. of Economics and Statistics 54: 450-458.

Pierce, D.A. (1977) "Relationships-and the lack thereof-between economic time series, with special reference to money and interest rates." J. of the Amer. Stat. Assn. 72: 11-22.

--- and L.D. Haug H (1977) "Causality in temporal systems: characterizations and a survey." J. of Econometrics 5: 265-293.

Pollak, R.A. and T.J. Wales (1969) "Estimation of the linear expenditure system." Econometrica 37: 611-628.

Powell, A.A. (1974) Empirical Analytics of Demand Systems. Lexington, MA: D. C. Heath.

Reiers⊘l, O. (1945) "Confluence analysis by means of instrumental sets of variables." Arkiv for Mathematik, Astronomi och Fysik 32A (4).

——— (1941) "Confluence analysis by means of lag moments and other methods of confluence analysis." Econometrica 9: 1-24.

Rosen, H.S. (1978) "The measurement of excess burden with explicit utility functions." J. of Pol. Economy 86: 121-135.

Rothenberg, T.J. (1971) "Identification in parametric models." Econometrica 39: 577-591.

Saito, M. (1977) "Household flow-of-funds equations." J. of Money, Credit and Banking 9: 1-20.

Samuelson, P.A. , and S. Swamy (1974) "Invariant economic index numbers and canonical duality: survey and synthesis." Amer. Econ. Rev. 64: 566-593.

Sandmo, A. (1976) "Optimal taxation: an introduction to the literature ." J. of Public Economics 6: 37-54.

Sargan, J.D. (1975) "Asymptotic theory and large models." Int. Econ. Rev. 16: 75-91.

Sims, C.A. (1972) "Money, income, and causality." Amer. Econ. Rev. 62: 540-552.

Solari, L. (1971) Théorie des choix et fonctions de consommation semi-agrégées. Geneva: Librairie Droz.

--- and J.-N. Du Pasquier [eds.] (1976) Private and Enlarged Consumption. Amsterdam: North Holland.

Sowey, E.R. (1973) "Stochastic simulation of macroeconomic models: methodology and interpretation," in A. A. Powell and R. A. Williams (eds.) Econometric Studies of Macro and Monetary Relations. New York: Elsevier North-Holland.

Stone, R. (1954) "Linear expenditure systems and demand analysis: an application to the pattern of British demand." Econ. J . 64: 511-527.

Swoboda, A. , M. Mussa , and C. R. Wymer [eds.] (forthcoming) Macroeconomic Policy and Adjustment in Open Economies.

Theil, H. (1980) The System-Wide Approach to Microeconomics. Univ. of Chicago Press.

--- ( 1975-1976) Theory and Measurement of Consumer Demand . Amsterdam: North Holland.

--- ( 1971) Principles of Econometrics. New York : John Wiley.

--- ( 1964) Optimal Decision Rules for Government and Industry. Amsterdam: North Holland.

--- ( 1961) Economic Forecasts and Policy. Second Edition. Amsterdam: North Holland .

——— (1953a) "Repeated least-squares applied to complete equation systems." The Hague: Central Planning Bureau. (mimeo)

---( 1953b) "Estimation and simultaneous correlation in complete equation systems." The Hague: Central Planning Bureau. (mimeo)

--- and K.W. Clements (1978) "A differential approach to U.S. import demand ." Economics Letters 1: 249-252.

Theil, H. and K. Laitinen (1980) "Singular moment matrices in applied econometrics," in P. R. Krishnaiah (ed.) Multivariate Analysis-V. Amsterdam: North Holland.

Theil, H. and J.F. Meisner (1980) "Simultaneous equation estimation based on maximum entropy moments." University of Chicago. (mimeo)

Tinbergen, J. (1952) On the Theory of Economic Policy. Amsterdam: North Holland.

Wegge, L.L. (1965) "Identifiability criteria for a system of equations as a whole." Australian J. of Statistics 7: 67-77.

Working, E.J. (1927) "What do statistical demand curves show?" Q. J. of Economics 11: 218-223.

Wymer, C.R. (1973) "A continuous disequilibrium model of the United Kingdom financial markets," in A. A. Powell and R. A. Williams (eds.) Econometric Studies of Macro and Monetary Relations. New York: Elsevier North-Holland.

——— (1972) "Econometric estimation of stochastic differential equation systems." Econometrica 40: 565-577.

Zellner, A. (1977) "Comments on time series analysis and causal concepts in business cycle research," in New Methods in Business Cycle Research: Proceedings of a Conference. Federal Reserve Bank of Minneapolis.

-- ( 1975) "Time series analysis and econometric model construction," in R. P. Gupta (ed.) Applied Statistics. Amsterdam: North Holland .

——— and F. Palm (1975) "Time series and structural analysis of monetary models of the U.S. economy." Sankhyā 37: 12-56.

--- ( 1974) "Time series analysis and simultaneous equation econometric models." J. of Econometrics 2: 17-54.