IDEAS home Printed from https://ideas.repec.org/p/ctl/louvre/1983015.html
   My bibliography  Save this paper

A Consumer with a Time-Varying B-Matrix

Author

Listed:
  • A.S.G. LUBULWA

    (La Trobe University)

Abstract

This paper introduces the idea of a consumer who has time varying Lancasterian matrix of characteristics imbedded in an intertemporal Stone-Geary utility function. The thrust of the paper is theoretical, its main aim being generalisation of the theoretical contributions of Dixon and Lluch (1977). The main contribution in Dixon and Lluch (1977) is that DELES, a system of equation is proposed which describe the consumer’s planned and actual expenditure paths for durable. In order to derive these equations they have a consumer’s maximizing an inter-temporal Klein –Rubin utility function defined on the stocks of durables, subject to a budget integral constraint and a vector of durable goods stock’s adjustment equations.

Suggested Citation

  • A.S.G. Lubulwa, 1983. "A Consumer with a Time-Varying B-Matrix," Discussion Papers (REL - Recherches Economiques de Louvain) 1983015, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  • Handle: RePEc:ctl:louvre:1983015
    as

    Download full text from publisher

    File URL: http://www.jstor.org/stable/40723706
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ctl:louvre:1983015. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sebastien SCHILLINGS (email available below). General contact details of provider: https://edirc.repec.org/data/iruclbe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.