Fiuza, Eduardo P. S. - 2015
1980s and further developed in the 1990s. Thus, in this article, building on structural models of demand and supply and on … illustrate those differences, we report the results of a Monte Carlo experiment using three demand specifications: isoelastic …, linear and linearized Almost Ideal Demand System (AIDS), all of them in a two-stage budget setting. We conclude that the …