Commodity and asset demands with and without quantity constraints in the labour market
在临时框架下重新构建消费者决策问题，定义包含消费、劳动和储蓄的完整需求系统，并用美加数据（1948-1980）估计，发现劳动力市场数量约束不可拒绝，劳动收入与非劳动收入的边际消费倾向差异显著。
Abstract This paper reformulates the consumer's decision‐making problem in a temporary framework with and without quantity constraints in the labour market in such a way as to define a complete demand system which includes consumption, labour and saving. Then, based on American and Canadian data (1948–1980), this extended complete demand system is estimated using a priori theoretical properties. Quantity constraints in the labour market cannot be rejected, and marginal propensities to consume out of labour income are very different from the marginal propensities out of non‐labour income. Temporal separability is rejected and Slutsky conditions are preserved.