An Exactly aggregable trigonometric engel curve demand system
Author:
Arthur Lewbel a
| Affiliation: | a Department of Economics, Brandeis University, Waltham, MA |
DOI:
10.1080/07474938808800144
Publication Frequency:
6 issues per year
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(English)
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Abstract
Gorman's (1981) characterization of Engel curves includes the possibility of demand systems that are, linear in trigonometric functions of income, but the actual existence of such systems has been questioned. This paper shows that such systems exist, and can have large regular regions.
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| Keywords: Engel Curves; Demand Systems; Gorman; Exact Aggregation; Trigonometric Functions; Regular Regions |
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