representative household
collocation in Englishmeaningsofrepresentativeandhousehold
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withhousehold.
representative
adjective
uk/ˌrep.rɪˈzen.tə.tɪv/us/ˌrep.rɪˈzen.t̬ə.t̬ɪv/
typical of, or the same as, others in a larger group of people ...
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household
noun[C, + sing/pl verb]
uk/ˈhaʊs.həʊld/us/ˈhaʊs.hoʊld/
a group of people, often a family, who ...
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(Definition ofrepresentativeandhouseholdfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofrepresentative household
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
This c 1 can be alternatively interpreted as the (minimum) offer price for arepresentativehousehold, for avoiding illness.
From theCambridge English Corpus
Therepresentativehouseholdmaximizes expected lifetime utility of consumption subject to a sequence of budget constraint.
From theCambridge English Corpus
Therepresentativehouseholdconsists of two members: a shopper and a worker.
From theCambridge English Corpus
The optimization problem of therepresentativehouseholdcan now be restated.
From theCambridge English Corpus
There exists a singlerepresentativehouseholdin the economy.
From theCambridge English Corpus
There are three sets of agents in the economy, arepresentativehouseholdand two types of perfectly competitive firms.
From theCambridge English Corpus
Thus, for the purpose of studying aggregate or per-capita dynamics, there is no loss of generality in restricting attention to arepresentativehousehold.
From theCambridge English Corpus
We find that eliminating government expenditure shocks from the model is welfare deteriorating, whereas removing monetary growth shocks improves welfare for therepresentativehousehold.
From theCambridge English Corpus
After goods production and trade take place, the firm makes its wage payment and distributes any profit as a dividend to therepresentativehousehold.
From theCambridge English Corpus
The behavioral nature of the model is described by the utility-maximizing and portfolio-optimizing behavior of arepresentativehousehold.
From theCambridge English Corpus
Recapitulating, the optimizing behavior of therepresentativehouseholdis characterized by two equations.
From theCambridge English Corpus
The probability of an individual being ill in arepresentativehouseholdcan be calculated for each age category.
From theCambridge English Corpus
In equilibrium, aggregate per capita quantities turn out to be equal to the choices of therepresentativehousehold.
From theCambridge English Corpus
We maintain the fiction that all firms, including those in the competitive sector, are owned by a singlerepresentativehousehold.
From theCambridge English Corpus
The problem of therepresentativehouseholdis to choose its consumption-savings, labor, and real balances plans to maximize (3) subject to (2) and (11).
From theCambridge English Corpus
The private sector consists of arepresentativehouseholdand a representative firm, who both act competitively.
From theCambridge English Corpus
We choose to yield steadystate work time of therepresentativehouseholdequal to 1/3 of its time endowment.
From theCambridge English Corpus
The key assumption is that therepresentativehouseholdmakes its decision on bond and money holdings before the realization of the shock.
From theCambridge English Corpus
By using a nationallyrepresentativehouseholdpopulation sample we minimized this source of bias.
From theCambridge English Corpus
In our previous analysis, we found that government expenditure shocks enhanced welfare because their elimination resulted in a welfare loss for therepresentativehousehold.
From theCambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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