Package: markets
Title: Estimation Methods for Markets in Equilibrium and Disequilibrium
Version: 1.1.6
Date: 2025-08-07
Authors@R: 
    person(given = "Pantelis",
           family = "Karapanagiotis",
           role = c("aut", "cre"),
           email = "pikappa.devel@gmail.com",
           comment = c(ORCID = "0000-0001-9871-1908"))
Description: Provides estimation methods for markets in equilibrium and
    disequilibrium. Supports the estimation of an equilibrium and
    four disequilibrium models with both correlated and independent shocks.
    Also provides post-estimation analysis tools, such as aggregation,
    marginal effect, and shortage calculations. See Karapanagiotis (2024)
    <doi:10.18637/jss.v108.i02> for an overview of the functionality 
    and examples. The estimation methods are based on full information
    maximum likelihood techniques given in
    Maddala and Nelson (1974) <doi:10.2307/1914215>. They are implemented
    using the analytic derivative expressions calculated in
    Karapanagiotis (2020) <doi:10.2139/ssrn.3525622>. Standard
    errors can be estimated by adjusting for heteroscedasticity or clustering.
    The equilibrium estimation constitutes a case of a system of linear,
    simultaneous equations. Instead, the disequilibrium models replace the
    market-clearing condition with a non-linear,
    short-side rule and allow for different specifications of price dynamics. 
Language: en-US
URL: https://github.com/pi-kappa-devel/markets/,
        https://markets.pikappa.eu/
BugReports: https://github.com/pi-kappa-devel/markets/issues
Depends: R (>= 4.1.0)
Imports: dplyr (>= 0.7.6), Formula, MASS (>= 7.3-50), methods, rlang
        (>= 0.2.1), Rcpp, RcppGSL, RcppParallel, stats
License: MIT + file LICENSE
Encoding: UTF-8
LazyData: true
RoxygenNote: 7.3.2
Suggests: ggplot2 (>= 3.0.0), knitr (>= 1.20), numDeriv (>=
        2016.8.1.1), rmarkdown (>= 1.10), testthat (>= 2.0.0)
VignetteBuilder: knitr
Collate: 'data.R' 'equation_base.R' 'system_base.R' 'model_logger.R'
        'market_model.R' 'disequilibrium_model.R' 'diseq_basic.R'
        'diseq_deterministic_adjustment.R' 'diseq_directional.R'
        'diseq_stochastic_adjustment.R' 'equation_basic.R'
        'equation_deterministic_adjustment.R' 'equation_directional.R'
        'equation_stochastic_adjustment.R' 'equilibrium_model.R'
        'system_basic.R' 'gradient_basic.R'
        'system_deterministic_adjustment.R'
        'gradient_deterministic_adjustment.R' 'system_directional.R'
        'gradient_directional.R' 'system_equilibrium.R'
        'gradient_equilibrium.R' 'system_stochastic_adjustment.R'
        'gradient_stochastic_adjustment.R' 'hessian_basic.R'
        'hessian_directional.R' 'likelihood_basic.R'
        'likelihood_deterministic_adjustment.R'
        'likelihood_directional.R' 'likelihood_equilibrium.R'
        'likelihood_stochastic_adjustment.R' 'market_fit.R' 'markets.R'
        'model_simulation.R'
LinkingTo: Rcpp, RcppGSL
NeedsCompilation: yes
Packaged: 2025-08-07 21:31:17 UTC; ntelispak
Author: Pantelis Karapanagiotis [aut, cre] (ORCID:
    <https://orcid.org/0000-0001-9871-1908>)
Maintainer: Pantelis Karapanagiotis <pikappa.devel@gmail.com>
Repository: CRAN
Date/Publication: 2025-08-19 05:40:02 UTC
Built: R 4.4.3; x86_64-w64-mingw32; 2025-10-08 03:25:15 UTC; windows
Archs: x64
