Package: markets
Title: Estimation Methods for Markets in Equilibrium and Disequilibrium
Version: 1.1.7
Date: 2026-02-04
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: 7.3.3
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
Config/pak/sysreqs: cmake libgsl0-dev
Repository: https://pi-kappa-devel.r-universe.dev
Date/Publication: 2026-02-04 18:41:40 UTC
RemoteUrl: https://github.com/pi-kappa-devel/markets
RemoteRef: HEAD
RemoteSha: 29214f330d60a0a0ed303312f5640c98ffa9084f
NeedsCompilation: yes
Packaged: 2026-10-10 16:10:26 UTC; root
Author: Pantelis Karapanagiotis [aut, cre] (ORCID:
    <https://orcid.org/0000-0001-9871-1908>)
Maintainer: Pantelis Karapanagiotis <pikappa.devel@gmail.com>