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This paper deals with the regularity problem in the Almost Ideal Demand System (AIDS) in terms of the boundedness of the budget shares within the [0,1] interval. The violation of "cointegration accounting" can be seen just as another consequence of irregularity. The discussion of modifications...
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The aim of this paper is twofold: First, it provides an overview of the socio-demographic core modules of the dynamic microsimulation model microWELT. Second, it describes the essential socio-demographic characteristics of four European countries - Austria, Spain, Finland, and UK as...
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