| Document Type
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BL
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| Record Number
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665487
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| Doc. No
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dltt
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| Main Entry
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Taylor, Lester D.
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| Title & Author
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Consumer demand in the United States : : prices, income, and consumption behavior /\ by Lester D. Taylor, H.S. Houthakker.
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| Edition Statement
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3rd ed
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3rd ed
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| Page. NO
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1 online resource (xxiv, 522 pages) :: illustrations
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| ISBN
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1441905103
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: 9781441905109
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144190509X
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9781441905093
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| Bibliographies/Indexes
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Includes bibliographical references (pages 507-515) and index
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| Contents
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Introduction and Overview -- Part I. Preliminaries -- Demand Theory Under Review -- Quantile Regression: A Robust Alternative to Least Squares -- Part II. Analyses of Data from BLS Consumer Expenditure Surveys -- Description of Data Used from the Ongoing BLS Consumer Expenditure Surveys -- Stability of U.S. Consumption Expenditure Patterns: 1996-1999 -- Price and Income Elasticities Estimated from BLS Consumer Expenditure Surveys and ACCRA Price Data: Some Preliminary Results -- Estimation of Theoretically Plausible Demand Functions from U.S. Consumer Expenditure Survey Data -- An Additive Double-Logarithmic Consumer Demand System -- Quantile Regression Analysis of Asymmetrically Distributed Residuals -- CES Panel Dynamics: A Discrete-Time Flow-Adjustment Model -- Engel Curves for 29 Categories of CES Expenditure -- Summary of Cross-Sectional Results -- Part III. Analysis of Time-Series Data from National Income and Product Accounts -- Analysis of Time-Series Data on Personal Consumption Expenditures from the U.S. National Income and Product Accounts -- Quarterly PCE Models -- Annual PCE Models -- Discussion of the Time-Series Results -- Comparison of Time-Series and Cross-Sectional Elasticities -- Overall Assessment of CES and PCE Elasticities -- The Dynamics of Personal Saving -- Part IV Miscellaneous Studies of Income Distribution and Weak Axiom of Revealed Preference -- The Stationarity of Consumer Preferences: Evidence from Twenty Countries / Hendrik S. Houthakker -- Notes on Thick-Tailed Distributions of Wealth / Lester D. Taylor -- Conic Distributions of Earned Income
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| Abstract
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"Consumption expenditures by households in the United States account for about 70% of America's GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in prices and income."--P. [4] of cover
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| Subject
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Consumption (Economics)-- United States.
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| Subject
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Economic forecasting-- United States.
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| Subject
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Business-- Management.
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| Dewey Classification
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339.470973
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| LC Classification
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HB820
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| Added Entry
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Houthakker, Hendrik S.
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| Added Entry
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Ohio Library and Information Network.
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