Almost Ideal Demand System

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf Economic model
gptkbp:allows Testing of consumer theory
gptkbp:assumes Utility maximization
gptkbp:basisFor Empirical demand analysis
gptkbp:characteristic Aggregation over consumers
Flexible functional form
gptkbp:citation Deaton, A. and Muellbauer, J. (1980). 'An Almost Ideal Demand System.' American Economic Review, 70(3): 312-326.
gptkbp:describes Consumer demand
gptkbp:field Economics
Econometrics
gptkbp:form System of equations
https://www.w3.org/2000/01/rdf-schema#label Almost Ideal Demand System
gptkbp:introduced gptkb:John_Muellbauer
gptkb:Angus_Deaton
gptkbp:introducedIn 1980
gptkbp:publishedIn gptkb:The_American_Economic_Review
gptkbp:relatedTo Linear Expenditure System
Translog demand system
gptkbp:type Demand system
gptkbp:usedFor Estimating demand elasticities
gptkbp:bfsParent gptkb:Houthakker-Maddala_demand_system
gptkbp:bfsLayer 7