A test of market clearing

Christopher Martin

doi:10.1016/0165-1765(85)90002-3

A test of market clearing

Christopher Martin

University of Roehampton

Research output: Contribution to journal › Article › peer-review

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 language	English
Pages (from-to)	105-108
Number of pages	4
Journal	Economics Letters
Volume	19
Issue number	2
DOIs	https://doi.org/10.1016/0165-1765(85)90002-3
Publication status	Published - 1 Jan 1985

ASJC Scopus subject areas

Economics and Econometrics
Finance

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A test of market clearing

Abstract

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