Brunt, Liam - C.E.P.R. Discussion Papers - 2013
first recorded “Giffen good”. Using Giffen’s data, I explain how he reached his conclusion. I then show that his analysis … significantly negative – like any normal good – when it is correctly identified. Since the pathological Giffen good case was … the Giffen good stemmed from Marshall’s and Samuelson’s influential textbooks. …