期刊名称:IFS Working Papers / Institute for Fiscal Studies London
电子版ISSN:1742-0415
出版年度:2002
卷号:2002
期号:1
出版社:Institute for Fiscal Studies London
摘要:We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand theory, unlike methods hitherto prominent in the literature. The method is applied to Czech data.