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Formulation and Estimation of Dynamic Factor Demand Equations Under Non-Static Expectations: A Finite Horizon Model

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Author Info
Nadiri, M. Ishaq
Prucha, Ingmar R.
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Paper provided by C.V. Starr Center for Applied Economics, New York University in its series Working Papers with number 82-22.

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Length: 93 pages
Date of creation: 1982
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Handle: RePEc:cvs:starer:82-22

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Lucas, Robert E, Jr & Prescott, Edward C, 1971. "Investment Under Uncertainty," Econometrica, Econometric Society, vol. 39(5), pages 659-81, September. [Downloadable!] (restricted)
  2. Treadway, Arthur B., 1970. "Adjustment costs and variable inputs in the theory of the competitive firm," Journal of Economic Theory, Elsevier, vol. 2(4), pages 329-347, December. [Downloadable!] (restricted)
  3. Treadway, Arthur B, 1971. "The Rational Multivariate Flexible Accelerator," Econometrica, Econometric Society, vol. 39(5), pages 845-55, September. [Downloadable!] (restricted)
  4. Hartman, Richard, 1972. "The effects of price and cost uncertainty on investment," Journal of Economic Theory, Elsevier, vol. 5(2), pages 258-266, October. [Downloadable!] (restricted)
  5. Ray C. Fair & John B. Taylor, 1980. "Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models," Cowles Foundation Discussion Papers 564, Cowles Foundation, Yale University. [Downloadable!]
    Other versions:
  6. E.K. Berndt & B.H. Hall & R.E. Hall, 1974. "Estimation and Inference in Nonlinear Structural Models," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 3, number 4, pages 103-116 National Bureau of Economic Research, Inc. [Downloadable!]
  7. Morrison, C. J. & Berndt, E. R., 1981. "Short-run labor productivity in a dynamic model," Journal of Econometrics, Elsevier, vol. 16(3), pages 339-365, August. [Downloadable!] (restricted)
  8. Lorie, Henri & Smith, Kenneth R., 1970. "Uncertainty, investment and adjustment costs," European Economic Review, Elsevier, vol. 2(1), pages 31-44. [Downloadable!] (restricted)
  9. Meese, Richard, 1980. "Dynamic factor demand schedules for labor and capital under rational expectations," Journal of Econometrics, Elsevier, vol. 14(1), pages 141-158, September. [Downloadable!] (restricted)
    Other versions:
  10. Mortensen, Dale T, 1973. "Generalized Costs of Adjustment and Dynamic Factor Demand Theory," Econometrica, Econometric Society, vol. 41(4), pages 657-65, July. [Downloadable!] (restricted)
  11. P.A. Tinsley, 1971. "On ramps, turnpikes, and distributed lag approximations of optimal intertemporal adjustment," Special Studies Papers 15, Board of Governors of the Federal Reserve System (U.S.).
  12. Ando, Albert K, et al, 1974. "On the Role of Expectations of Price and Technological Change in an Investment Function," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 15(2), pages 384-414, June. [Downloadable!] (restricted)
  13. Revankar, Nagesh S, 1980. "Testing of the Rational Expectations Hypothesis," Econometrica, Econometric Society, vol. 48(6), pages 1347-63, September. [Downloadable!] (restricted)
  14. Nadiri, M Ishaq & Rosen, Sherwin, 1969. "Interrelated Factor Demand Functions," American Economic Review, American Economic Association, vol. 59(4), pages 457-71, Part I Se. [Downloadable!] (restricted)
  15. Bitros, George C & Kelejian, Harry H, 1976. "A Stochastic Control Approach to Factor Demand," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 17(3), pages 701-17, October. [Downloadable!] (restricted)
    Other versions:
  16. Tinsley, P A, 1971. "A Variable Adjustment Model of Labor Demand," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 12(3), pages 482-510, October. [Downloadable!] (restricted)
  17. Hartman, Richard, 1973. "Adjustment Costs, Price and Wage Uncertainty, and Investment," Review of Economic Studies, Blackwell Publishing, vol. 40(2), pages 259-67, April. [Downloadable!] (restricted)
  18. Day, Richard H, 1969. "Flexible Utility and Myopic Expectations in Economic Growth," Oxford Economic Papers, Oxford University Press, vol. 21(3), pages 299-311, November. [Downloadable!] (restricted)
  19. Pindyck, Robert S & Rotemberg, Julio J, 1983. "Dynamic Factor Demands and the Effects of Energy Price Shocks," American Economic Review, American Economic Association, vol. 73(5), pages 1066-79, December. [Downloadable!] (restricted)
  20. Craine, Roger, 1975. "Investment, Adjustment Costs, and Uncertainty," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 16(3), pages 648-61, October. [Downloadable!] (restricted)
  21. Nerlove, Marc, 1972. "Lags in Economic Behavior," Econometrica, Econometric Society, vol. 40(2), pages 221-51, March. [Downloadable!] (restricted)
  22. Kennan, John, 1979. "The Estimation of Partial Adjustment Models with Rational Expectations," Econometrica, Econometric Society, vol. 47(6), pages 1441-55, November. [Downloadable!] (restricted)
  23. Marc Nerlove, 1967. "Distributed Lags and Unobserved Components in Economic Time Series," Cowles Foundation Discussion Papers 221, Cowles Foundation, Yale University. [Downloadable!]
  24. Gallant, A Ronald & Holly, Alberto, 1980. "Statistical Inference in an Implicit, Nonlinear, Simultaneous Equation Model in the Context of Maximum Likelihood Estimation," Econometrica, Econometric Society, vol. 48(3), pages 697-720, April. [Downloadable!] (restricted)
  25. Sargent, Thomas J, 1978. "Estimation of Dynamic Labor Demand Schedules under Rational Expectations," Journal of Political Economy, University of Chicago Press, vol. 86(6), pages 1009-44, December. [Downloadable!] (restricted)
    Other versions:
  26. Gallant, A. Ronald, 1977. "Three-stage least-squares estimation for a system of simultaneous, nonlinear, implicit equations," Journal of Econometrics, Elsevier, vol. 5(1), pages 71-88, January. [Downloadable!] (restricted)
  27. Taylor, Lance, 1970. "The Existence of Optimal Distributed Lags," Review of Economic Studies, Blackwell Publishing, vol. 37(1), pages 95-106, January. [Downloadable!] (restricted)
  28. Treadway, Arthur B., 1974. "The globally optimal flexible accelerator," Journal of Economic Theory, Elsevier, vol. 7(1), pages 17-39, January. [Downloadable!] (restricted)
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  1. M. Ishaq Nadiri & Ingmar R. Prucha, 1991. "Dynamic Factor Demand Models, Productivity Measurement, and Rates of Return: Theory and an Empirical Application to the U.S. Bell System," NBER Working Papers 3041, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Nadiri, M. Ishaq & Prucha, Ingmar R., 1989. "Dynamic Factor Demand Models, Productivity Measurement, And Rates Return: Theory And An Empirical Application To The U.S. Bell System," Working Papers 89-15, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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