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Titlebook: Consumer Demand in the United States; Prices, Income, and Lester D. Taylor,H.S. Houthakker Book 2010Latest edition Springer-Verlag New Yor

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Summary of Cross-Sectional Resultsectional analysis of data contained in the BLS quarterly consumer expenditure surveys over the period between 1996 and 1999. Specifically, our goals in the cross-sectional analysis have been as follows:
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Quarterly PCE Modelses listed in Table 13.1. The format in both this and the next chapter will be to tabulate the results for each category of expenditure in a separate table. The information presented will include the coefficients and their associated .-ratios, .., Durbin–Watson (dw), Durbin-h (h), and Dickey–Fuller (
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Annual PCE Modelsls are estimated for all but five of the 112 categories of expenditure listed in Table 13.2. Categories for which models are not estimated are food furnished to employees (1.3), food produced and consumed on farms (1.4), standard clothing issued to military personnel (2.3), and the two balancing ite
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Discussion of the Time-Series Resultsady-state price and total-expenditure elasticities. These are given in Table 16.1. In addition to the elasticities, the table includes the form of dynamic model estimated, the implied steady-state budget shares for the B–C and state-adjustment models, and actual budget shares for 2004.
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Formation and Clearance of Pulmonary Edemaectional analysis of data contained in the BLS quarterly consumer expenditure surveys over the period between 1996 and 1999. Specifically, our goals in the cross-sectional analysis have been as follows:
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