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Clower on effective demand [PDF]

Eastern Economic Journal, 1996
This note examine's Clower's recent criticisms of Keynes' theory of effective demand and argues that Keynes added much to Marshallian theory when he extended to the aggregate level, that his theory does have implications for unemployment without requiring wage rigidity, that his theory does not depend on the non-clearance of the good market, and the ...
Skott, Peter, Dutt, Amitava Krishna
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Neighbourhood effects and housing demand [PDF]

Journal of Applied Econometrics, 2003
AbstractIn this paper, we estimate a model of housing demand with neighbourhood effects. We exploit special features of the national sample of the American Housing Survey and properties of housing markets that allow us to create ‘natural’ instruments and therefore identify the impact of social interactions.
Yannis M. Ioannides, Jeffrey E. Zabel
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On the Theory of Effective Demand

The Economic Journal, 1982
In his article 'On the theory of effective demand' (Green, i 980), J. Green deals with a class of stochastic rationing schemes whose distribution as perceived by the individual agent depends on his own action and on the aggregate values of demand and supply only.
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Effects of promotion on pharmaceutical demand

Social Science & Medicine, 1985
The research question addressed in this study was, "Do changes in promotional expenditure cause changes in the size of the market (primary demand) or market share (selective demand)?" Two types of promotion were evaluated; sales calls to physicians and medical journal advertising.
J I, Mackowiak, J P, Gagnon
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Effective Demand Failures Revisited

The Scandinavian Journal of Economics, 1985
We investigate the stability of full-employment equilibria. This question is cast in a general equilibrium model where aggregate variables are present at the micro level. We establish the existence of a class of economies where there is only a single - full-employment - equilibrium. Furthermore, this unique equilibrium is globally stable.
Balasko, Yves, Royer, Daniel
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The effect of mood and demand on memory

British Journal of Psychology, 1986
Mood biasing – the tendency to remember information consistent with one's prevailing mood – was demonstrated in an experiment in which mood‐induced subjects recalled personal experiences and a list of self‐descriptive personality traits based on a bogus personality test.
L, Alexander, R K, Guenther
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Wealth Effect on the Demand for Money

Journal of Political Economy, 1975
The wealth effect on the individual's money demand is examined within the inventory theoretical framework involving stochastic cash needs. A positive wealth effect arises if an increase in wealth increases the individual's planned expenditure beyond his expected receipts, or if the marginal yield on earning assets is diminishing or marginal penalty ...
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Buyback contracts with price-dependent demands: Effects of demand uncertainty

European Journal of Operational Research, 2014
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Yingxue Zhao, Tsan-Ming Choi, T. C. E. Cheng, Suresh P. Sethi, Shouyang Wang   +4 more
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Supplier diversification: effect of discrete demand

Operations Research Letters, 1999
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jayashankar M. Swaminathan, J. George Shanthikumar   +1 more
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On the Effect of Demand Randomness on Inventories and Costs

Operations Research, 1992
We explore analytically cardinal effects of the extent of demand randomness on optimal inventory levels and the associated expected costs. To model changes in demand randomness, we make extensive use of a mean-preserving transformation commonly used in probabilistic microeconomics, as well as the notion of risk-pooling (aggregating independent demands)
Yigal Gerchak, David Mossman
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