Essays in the Theory and Measurement of Consumer Behaviour: In Honour of Sir Richard Stone

Angus Deaton

doi:10.1017/CBO9780511984082

Edited by Angus Deaton, winner of the 2015 Nobel Memorial Prize in Economic Sciences, this volume features early work on the theory and measurement of consumer behaviour. Featuring contributions from leading economists such as Anthony Atkinson, Nicholas Stern, John Muellbauer and Deaton himself, the book offers papers on a wide range of topics. Topics covered range from theory to econometrics, from Engel curves to labour supply and fertility, and from consumer demand in England to consumer behaviour in the USSR. These papers were written and collected for this volume to honour Sir Richard Stone on the occasion of his retirement from his chair at the University of Cambridge.

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Contents

Frontmatter
pp i-iv
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Contents
pp v-vi
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Foreword
pp vii-vii
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List of contributors
pp viii-viii
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Part one - The analysis of commodity demands
pp 1-1
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Introduction
pp 2-6
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1 - Some Engel curves
pp 7-30
- By W. M. Gorman, London School of Economics and Johns Hopkins University
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2 - Suggestions towards freeing systems of demand functions from a strait-jacket
pp 31-54
- By L. Johansen, University of Oslo
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3 - Theoretical and empirical approaches to consumer demand under rationing
pp 55-72
- By A. S. Deaton, University of Bristol and Princeton University
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4 - The independence transformation: a review and some further explorations
pp 73-112
- By H. Theil, University of Chicago, K. Laitinen, University of Chicago
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5 - The analysis of consumption and demand in the USSR
pp 113-128
- By N. P. Fedorenko, Central Institute for Mathematical Economics, Moscow, N. J. Rimashevskaya, Central Institute for Mathematical Economics, Moscow
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Part two - The theory of index numbers
pp 129-129
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Introduction
pp 130-132
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6 - On the constructability of consistent price indices between several periods simultaneously
pp 133-162
- By S. N. Afriat, University of Ottawa
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7 - The economic theory of index numbers: a survey
pp 163-208
- By W. E. Diewert, University of British Columbia
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Part three - The consumption function and durable goods
pp 209-209
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Introduction
pp 210-212
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8 - Testing neoclassical models of the demand for consumer durables
pp 213-236
- By J. Muellbauer, Birkbeck College, London
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9 - Liquidity and inflation effects on consumers' expenditure
pp 237-260
- By D. F. Hendry, London School of Economics, T. Von Ungern-Sternberg, University of Bonn
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Part four - Other aspects: fertility and labour supply
pp 261-261
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Introduction
pp 262-264
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10 - On labour supply and commodity demands
pp 265-296
- By A. B. Atkinson, London School of Economics, N. H. Stern, University of Warwick
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11 - Child spacing and numbers: an empirical analysis
pp 297-324
- By M. Nerlove, Northwestern University, A. Razin, University of Tel-Aviv
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Bibliography of Sir Richard Stone's works 1936–79
pp 325-337
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Index of names
pp 338-341
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Subject index
pp 341-344
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Essays in the Theory and Measurement of Consumer Behaviour: In Honour of Sir Richard Stone

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Contents

Frontmatter
pp i-iv

Contents
pp v-vi

Foreword
pp vii-vii

List of contributors
pp viii-viii

Part one - The analysis of commodity demands
pp 1-1

Introduction
pp 2-6

1 - Some Engel curves
pp 7-30

2 - Suggestions towards freeing systems of demand functions from a strait-jacket
pp 31-54

3 - Theoretical and empirical approaches to consumer demand under rationing
pp 55-72

4 - The independence transformation: a review and some further explorations
pp 73-112

5 - The analysis of consumption and demand in the USSR
pp 113-128

Part two - The theory of index numbers
pp 129-129

Introduction
pp 130-132

6 - On the constructability of consistent price indices between several periods simultaneously
pp 133-162

7 - The economic theory of index numbers: a survey
pp 163-208

Part three - The consumption function and durable goods
pp 209-209

Introduction
pp 210-212

8 - Testing neoclassical models of the demand for consumer durables
pp 213-236

9 - Liquidity and inflation effects on consumers' expenditure
pp 237-260

Part four - Other aspects: fertility and labour supply
pp 261-261

Introduction
pp 262-264

10 - On labour supply and commodity demands
pp 265-296

11 - Child spacing and numbers: an empirical analysis
pp 297-324

Bibliography of Sir Richard Stone's works 1936–79
pp 325-337

Index of names
pp 338-341

Subject index
pp 341-344

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Essays in the Theory and Measurement of Consumer Behaviour: In Honour of Sir Richard Stone

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