Tong Hun Lee
Biographic Data
| ID | 5850640 |
|---|---|
| NAME | Tong Hun Lee |
| GIVEN NAMES | Tong Hun |
| FAMILY NAME | Lee |
| SIGNATURE | LEE T H |
| AFFILIATIONS | University of Wisconsin–Milwaukee |
| VERIFIED | No |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 2 |
| WORKS AS AUTHOR | 7 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1963 |
| LATEST PUBLICATION YEAR | 1990 |
| H-INDEX | 1 |
Estimation of the Demand for Local Public Education under a Kinked Budget Constraint
Unlike previous studies on the demand for local public education, this paper applies a minimum likelihood technique, developed for a kinked budget constraint, to the case of Wisconsin school districts and carries out simulations. The results indicate that (1) the bias in estimation under standard econometric techniques is substantial, (2) the so-called flypaper effect indeed exists, and (3) the impacts of grants on expenditures and wealth neutral…
On measuring the relative size of the unregulated to the regulated money market over time
More on Windfall Income and Consumption
Housing and Permanent Income
U NTIL the mid-1950's, the traditional view on the consumption of housing had been that the elasticity of housing consumption with respect to current income was less than unity.' However, recent literature on the theory of consumption function [15] [4] has pointed out that, in relating income to consumption, the concept of income should be that of permanent income rather than current or measured income, and that the use of measured income imparts…
More on the Stock Demand Elasticities of Non-Farm Housing
The Stock Demand Elasticities of Non-Farm Housing
H OUSING demand is a major factor in determining national income via private residential capital formation. Moreover, it fluctuates so widely, in many cases independently, in comparison with the demand for other consumer goods that it has been the focus of considerable attention on the part of economists. Yet there are markedly different opinions about the basic relationship of housing demand to changes in income or prices. As early as 1857, Enge…
Demand for Housing
OST research in housing demand has M focused on the explanation of aggregate behavior. Studies have tended to concentrate on statistical analysis, emphasizing construction of econometric models of aggregate housing demand. Research by Klein, Mattila, and Muth, among others, has provided considerable insight into the determinants of aggregate housing demand.1 However, it is being increasingly recognized that many relevant differences among individ…
Demand for Housing
OST research in housing demand has M focused on the explanation of aggregate behavior. Studies have tended to concentrate on statistical analysis, emphasizing construction of econometric models of aggregate housing demand. Research by Klein, Mattila, and Muth, among others, has provided considerable insight into the determinants of aggregate housing demand.1 However, it is being increasingly recognized that many relevant differences among individ…
The Stock Demand Elasticities of Non-Farm Housing
H OUSING demand is a major factor in determining national income via private residential capital formation. Moreover, it fluctuates so widely, in many cases independently, in comparison with the demand for other consumer goods that it has been the focus of considerable attention on the part of economists. Yet there are markedly different opinions about the basic relationship of housing demand to changes in income or prices. As early as 1857, Enge…
More on the Stock Demand Elasticities of Non-Farm Housing
Housing and Permanent Income
U NTIL the mid-1950's, the traditional view on the consumption of housing had been that the elasticity of housing consumption with respect to current income was less than unity.' However, recent literature on the theory of consumption function [15] [4] has pointed out that, in relating income to consumption, the concept of income should be that of permanent income rather than current or measured income, and that the use of measured income imparts…
More on Windfall Income and Consumption
Estimation of the Demand for Local Public Education under a Kinked Budget Constraint
Unlike previous studies on the demand for local public education, this paper applies a minimum likelihood technique, developed for a kinked budget constraint, to the case of Wisconsin school districts and carries out simulations. The results indicate that (1) the bias in estimation under standard econometric techniques is substantial, (2) the so-called flypaper effect indeed exists, and (3) the impacts of grants on expenditures and wealth neutral…
On measuring the relative size of the unregulated to the regulated money market over time
Economics (7 works) · Econometrics (4 works) · Fiscal Policy and Economic Growth (4 works) · Housing Market and Economics (4 works) · Agricultural economics (2 works) · Business (2 works) · Economics of Agriculture and Food Markets (2 works) · Financial Literacy, Pension, Retirement Analysis (2 works) · Macroeconomics (2 works) · Mathematics (2 works)