Habit Formation, Interdependent Preferences and Demographic Effects in the Almost Ideal Demand System
نویسندگان
چکیده
منابع مشابه
Habit Formation, Interdependent Preferences and Demographic Effects in the Almost Ideal Demand System
متن کامل
Evaluating the Linearized Almost Ideal Demand System
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متن کاملAccounting for Trends in the Almost Ideal Demand System
Flexible functional forms of indirect utility and expenditure functions are frequently used in approximating the behavior of utility maximizing consumers to arrive at demand systems that can be easily estimated. A common nding in time series estimations of the Almost Ideal Demand System is strong persistence in the estimated residuals. This paper suggests two explanations for this result. First...
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ژورنال
عنوان ژورنال: The Economic Journal
سال: 1991
ISSN: 0013-0133
DOI: 10.2307/2233548