Tricks with Hicks: The EASI Demand System.
We invent Implicit Marshallian demands, which combine desirable features of Hicksian and Marshallian demands. We propose and estimate the Exact Affine Stone Index (EASI) implicit Marshallian demand system. Like the Almost Ideal Demand (AID) system, EASI budget shares are linear in parameters given r...
| Publicado en: | American Economic Review Vol. 99; no. 3; pp. 827 - 864 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
American Economic Association
June 2009
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |