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.

Programme(s)

• FP4-TMR - Specific research and technological development programme in the field of the training and mobility of researchers, 1994-1998

Topic(s)

• 0301 - Post-graduate research training grants

Funding Scheme

RGI - Research grants (individual fellowships)

Coordinator

UNIVERSITY COLLEGE LONDON.

Address

Gower Street
London
United Kingdom