Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/95012
Authors: 
Högberg, Per
Klevmarken, Anders
Year of Publication: 
1977
Series/Report no.: 
IUI Working Paper 12
Abstract: 
In most applications of complete systems of demand functions to national accounts data it is implicitly assumed that the demand functions are identified. For post-war Sweden this is not an altogether good assumption because due to rent control there was an excess demand for housing. In this paper the linear expenditure system is modified to include a supply function for housing. Supply is simply assumed to be a function of excess demand. The model is estimated by the maxi mum likelihood method and the results are compared to those obtained for the ordinary linear expenditure system.
Subjects: 
Housing demand
Rent control
Sweden
JEL: 
R21
R31
Document Type: 
Working Paper

Files in This Item:
File
Size
758.17 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.