A test of market clearing

Research output: Contribution to journalArticle

Abstract

This paper derives a simple Lagrange Multiplier test of whether market clearing is an acceptable assumption. The market clearing model is embedded within the disequilibrium model of Nickel (1984) and the restrictions necessary for market clearing to hold are tested.

Original languageEnglish
Pages (from-to)105-108
Number of pages4
JournalEconomics Letters
Volume19
Issue number2
DOIs
Publication statusPublished - 1 Jan 1985

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

Cite this

A test of market clearing. / Martin, Christopher.

In: Economics Letters, Vol. 19, No. 2, 01.01.1985, p. 105-108.

Research output: Contribution to journalArticle

Martin, Christopher. / A test of market clearing. In: Economics Letters. 1985 ; Vol. 19, No. 2. pp. 105-108.
@article{b06c927e844a41308bac4baba3fdab8e,
title = "A test of market clearing",
abstract = "This paper derives a simple Lagrange Multiplier test of whether market clearing is an acceptable assumption. The market clearing model is embedded within the disequilibrium model of Nickel (1984) and the restrictions necessary for market clearing to hold are tested.",
author = "Christopher Martin",
year = "1985",
month = "1",
day = "1",
doi = "10.1016/0165-1765(85)90002-3",
language = "English",
volume = "19",
pages = "105--108",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",
number = "2",

}

TY - JOUR

T1 - A test of market clearing

AU - Martin, Christopher

PY - 1985/1/1

Y1 - 1985/1/1

N2 - This paper derives a simple Lagrange Multiplier test of whether market clearing is an acceptable assumption. The market clearing model is embedded within the disequilibrium model of Nickel (1984) and the restrictions necessary for market clearing to hold are tested.

AB - This paper derives a simple Lagrange Multiplier test of whether market clearing is an acceptable assumption. The market clearing model is embedded within the disequilibrium model of Nickel (1984) and the restrictions necessary for market clearing to hold are tested.

UR - http://www.scopus.com/inward/record.url?scp=46549103375&partnerID=8YFLogxK

U2 - 10.1016/0165-1765(85)90002-3

DO - 10.1016/0165-1765(85)90002-3

M3 - Article

VL - 19

SP - 105

EP - 108

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 2

ER -