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DEMAND THRESHOLD, ZERO EXPENDITURE AND HIERARCHICAL MODEL OF CONSUMER DEMAND

โœ Scribed by Nachiketa Chattopadhyay; Amita Majumder; Dipankor Coondoo

Book ID
111044598
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
185 KB
Volume
60
Category
Article
ISSN
0026-1386

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๐Ÿ“œ SIMILAR VOLUMES

Semiparametric estimation of consumer de
Semiparametric estimation of consumer demand systems in real expenditure
โœ Krishna Pendakur; Stefan Sperlich ๐Ÿ“‚ Article ๐Ÿ“… 2009 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 468 KB

## Abstract Microdata concerning consumer demand typically show considerable variation in real expenditures, but very little variation in prices. We propose a semiparametric strategy for the consumer demand problem in which expenditure share equations are estimated nonparametrically in the real exp