The purpose of this note is to show how restrictions from consumer demand theory can be used to enforce consistency among elasticity estimates in aggregate and disaggregate demand systems.
The purpose of this note is to show how restrictions from consumer demand theory can be used to enforce consistency among elasticity estimates in aggregate and disaggregate demand systems.
The purpose of this note is to show how restrictions from consumer demand theory can be used to enforce consistency among elasticity estimates in aggregate and disaggregate demand systems.