Regular Effective Demand Systems (REDS)

Fahd Rehman and Russel Cooper

Economics Letters, 2014, vol. 124, issue 2, 255-257

Abstract: Empirical demand analysis is usually conducted on the basis of either ‘regularity’ or ‘flexibility’. This paper takes a middle ground between ‘regularity’ and ‘flexibility’, offering a compromise in the form of a new specification termed ‘REDS’.

Keywords: Consumer demand systems; AIDS; PIGLOG; Flexibility; Regularity (search for similar items in EconPapers)
JEL-codes: D11 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:124:y:2014:i:2:p:255-257

DOI: 10.1016/j.econlet.2014.05.033

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