Aggregation and Other Biases in the Calculation of Consumer Elasticities for Models of Arbitrary Rank
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References listed on IDEAS
- James Banks & Richard Blundell & Arthur Lewbel, 1997. "Quadratic Engel Curves And Consumer Demand," The Review of Economics and Statistics, MIT Press, vol. 79(4), pages 527-539, November.
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- Frank Denton & Dean Mountain, 2014. "The implications of mean scaling for the calculation of aggregate consumer elasticities," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 12(3), pages 297-314, September.
More about this item
KeywordsAggregate price and expenditure elasticities; aggregation bias; consumer demand; generalized measures of income inequality; income distribution;
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2011-11-01 (All new papers)
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