Computing Reduced Form Estimates A system of structural equations with endogenous regressors can be represented as functions only of the predetermined variables. For this to be possible, there must be ...

American Journal of Agricultural Economics, Vol. 91, No. 4 (Nov., 2009), pp. 1110-1123 (14 pages) In this article, we advocate more extensive use of the benefit function in specifying price-dependent ...

This paper provides new evidence on the money demand function for Bangladesh using cointegration techniques and a longer quarterly time series data than previously used. Cointegration results indicate ...

The utility function can be used to derive the demand function, and both concepts relate to utility maximization.