non-constant demand elasticity. By using a homescan data set for three European countries, including prices and quantities … demand and on the degree of demand-side real rigidities. We find that price elasticites of demand are about 4 in the median …. Furthermore, we find evidence for demand-side real rigidities. These are, however, much smaller than what is often assumed in …

non-constant demand elasticity. By using a homescan data set for three European countries, including prices and quantities … demand and on the degree of demand-side real rigidities. We find that price elasticities of demand are about 4 in the median …. Furthermore, we find evidence for demand-side real rigidities. These are, however, much smaller than what is often assumed in …