Dec 4, 2007 12:42
16 yrs ago
Norwegian term
Professional, fast, and affordable rates
Native in: English 
Works in: Norwegian to English
loglineær/piglog
Norwegian to English
Social Sciences
Mathematics & Statistics
Ekvivalensskalaen er entydig bestemt av etterspørselsdata bare hvis utgiftsfunksjonen ikke er loglineær i velferd (piglog).
Proposed translations
(English)
| 4 | log-linear/PIGLOG |
Solfrid Lokslid
|
Proposed translations
15 hrs
Solfrid Lokslid
United States
United States
Native in Norwegian
United States
Native in: Norwegian
Works in: English to Norwegian, Swedish to Norwegian, Danish to Norwegian
log-linear/PIGLOG
PIGLOG = Price Independent Generalized Logarithmic
This seems to be used extensively in connection with equivalence scales and welfare analysis. See examples below.
http://www.springerlink.com/content/f7q2h21q1x05828j/
This paper clarifies the conditions under which PIGLOG and extended PIGLOG preferences can identify household equivalence scales. The results are of interest to practitioners who have to elect preferences suitable for welfare analysis. It also shows that independent of the base utility equivalence scales are the same whether the budget shares of the demand systems are linear or quadratic in log income
This seems to be used extensively in connection with equivalence scales and welfare analysis. See examples below.
http://www.springerlink.com/content/f7q2h21q1x05828j/
This paper clarifies the conditions under which PIGLOG and extended PIGLOG preferences can identify household equivalence scales. The results are of interest to practitioners who have to elect preferences suitable for welfare analysis. It also shows that independent of the base utility equivalence scales are the same whether the budget shares of the demand systems are linear or quadratic in log income
Example sentence:
I first test whether there are log-linear Engel curves in the identified set, which corresponds to a PIGLOG specification for the demand system.
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