The MPIGLOG specification of an indirect utility function leads to a parametric representation in terms of expenditure and two unit cost functions. Specification of these unit cost functions in terms of regular, flexible functions leads to the notion of an "effectively globally regular" system of demand equations. Three examples demonstrate the success of such a specification in achieving regularity and flexibility
The notion of indirect separability is exploited to derive a new multistage demand system. The model...
For theoretical as well as empirical reasons it is often useful to study special classes of systems ...
Empirically estimated flexible functional forms frequently fail to satisfy the appropriate theoretic...
A parametric specification of an indirect utility function in terms of expenditure and two unit cost...
Empirical demand analysis is usually conducted in the context of the perennial trade-off between reg...
Abstract: A class of demand systems based on simple parametric specification of the indirect utility...
This paper considers the derivation of new demand systems from existing ones through replacing an in...
Despite their scarcity in the literature, an abundance of globally regular indirect utility function...
There are relatively few known demand systems that are theoretically satisfactory and practically im...
There are relatively few known demand systems that are theoretically satisfactory and practically im...
Despite their scarcity in the literature, an abundance of globally regular indirect utility function...
In this paper, a quadratic inverse (almost ideal) demand system (IQUAIDS) is derived, that generaliz...
This paper commences from a new indirect utility function and derives the corresponding system of e...
A new demand system, combining the quadratic almost ideal demand system and the Fourier expenditure ...
This article deals with the specification of a locally flexible and theory-consistent system of mixe...
The notion of indirect separability is exploited to derive a new multistage demand system. The model...
For theoretical as well as empirical reasons it is often useful to study special classes of systems ...
Empirically estimated flexible functional forms frequently fail to satisfy the appropriate theoretic...
A parametric specification of an indirect utility function in terms of expenditure and two unit cost...
Empirical demand analysis is usually conducted in the context of the perennial trade-off between reg...
Abstract: A class of demand systems based on simple parametric specification of the indirect utility...
This paper considers the derivation of new demand systems from existing ones through replacing an in...
Despite their scarcity in the literature, an abundance of globally regular indirect utility function...
There are relatively few known demand systems that are theoretically satisfactory and practically im...
There are relatively few known demand systems that are theoretically satisfactory and practically im...
Despite their scarcity in the literature, an abundance of globally regular indirect utility function...
In this paper, a quadratic inverse (almost ideal) demand system (IQUAIDS) is derived, that generaliz...
This paper commences from a new indirect utility function and derives the corresponding system of e...
A new demand system, combining the quadratic almost ideal demand system and the Fourier expenditure ...
This article deals with the specification of a locally flexible and theory-consistent system of mixe...
The notion of indirect separability is exploited to derive a new multistage demand system. The model...
For theoretical as well as empirical reasons it is often useful to study special classes of systems ...
Empirically estimated flexible functional forms frequently fail to satisfy the appropriate theoretic...