All λ-separable demands and rationalizing utility functions

Ethan Ligon

Economics Letters, 2016, vol. 147, issue C, 16-18

Abstract: Frisch demands depend on prices and a multiplier λ associated with the consumer’s budget constraint. The case in which demands are separable in λ has been the case of greatest empirical interest, since latent variable methods can be adopted to control for consumer wealth when estimating demands.

Keywords: Frisch demands; Separability; Non-homothetic preferences (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:147:y:2016:i:c:p:16-18

DOI: 10.1016/j.econlet.2016.08.010

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