Blar i Statistics Norway's Open Research Repository (SNORRe) på forfatter "Willassen, Yngve"
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A Generalization of Hall's Specification of the Consumption function
Willassen, Yngve (Discussion papers;121, Working paper, 1994-07)This paper deals with optimal consumption over time. The starting point is a dynamic utility function which is exponential where the exponent is quadratic in the observable consumption outlays. The approach is shown to be ... -
Correlated Measurement Errors, Bounds on Parameters, and a Model of Producer Behavior
Willassen, Yngve; Klette, Tor Jakob (Discussion papers;112, Working paper, 1994-04)We examine estimation of a model of producer behavior in the presence of correlated measurement errors in the regressors. Scale economies and price-cost margins are estimated from a set of panel data for manufacturing ...