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scientific article; zbMATH DE number 1538088
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scientific article; zbMATH DE number 1538088 |
Statements
3 December 2000
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consumer demand
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sequential budgeting
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intertemporal demand
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0.7917434573173523
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0.7359150052070618
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The link between Frisch demand and Marshallian demand is used to provide a strategy for estimating income effects, price effects and intertemporal substitution effects in consumer demand. The Frisch approach, together with the two-stage budgeting results of Gorman, are shown to provide a natural set of building blocks for analysis of consumer demand. For the entire collection see [Zbl 0944.00092].
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