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Durable goods and non-convexities

Objective



Research objectives and content:

Interaction between non durable and durable goods dynamics, with non-constant prices and aggregation when the representative agent's model fails. Estimation of a discrete Markov decision process that is viewed to be suitable for describing the durable goods purchasing behaviour.

Training content (objective, benefit and expected impact)

I expect to reach a deeper knowledge in the micro-econometrics.

Links with industry / industrial relevance (22)

Cars are the durable goods that I intend to concentrate on.

Funding Scheme

RGI - Research grants (individual fellowships)

Coordinator

UNIVERSITY COLLEGE LONDON.
Address
Gower Street
London
United Kingdom