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- Thu May 20, 2004 3:40 pm
- Forum: SD Mailing List Archive
- Topic: Stock and Flow Models of Supply and Demand
- Replies: 5
- Views: 7067
Stock and Flow Models of Supply and Demand
Jim Duggan, Many years ago I did a study of supply-demand for durable consumer goods. The stock-flow structure explains why demand elasticities derived from simultaneous equation estimation are too high. Forrester, Nathan B. (1979) General Examination for Ph.D. Program MIT D-Memo: D-3156 pages: 43 M...