Conventionally, the money demand function is estimated using a regression of the logarithm of money demand on either the interest rate or the logarithm of the interest rate. This equation is presumed ...

This article presents a Monte Carlo evaluation of some alternative estimators for a demand model when the budget constraint is piecewise-linear and the budget set is convex.

The method of econometrics for estimation of the parameters of demand functions is the probabilistic and statistic method for least square estimation. It is sometimes possible that the method of ...

Compare and contrast three types of regression models for categorical data : log-linear, logistic, and multinomial. Learn how to choose the best model for your research question.