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Engel's approach as a tool for estimating consumer behaviour
2017
E & M Ekonomie a Management
ENGEL'S APPROACH AS A TOOL FOR ESTIMATING CONSUMER BEHAVIOUR Renata Benda-Prokeinová, Kamil Dobeš, Ladislav Mura, Ján Buleca Engel's approach to consumption plays an important role in theoretical economics. There is thus strong empirical and theoretical interest to analyze the cross-section Engel function of real populations. A prerequisite of any economic interpretation is a reasonable estimation of these curves from given cross-section data containing households' expenditures and income. In
doi:10.15240/tul/001/2017-2-002
fatcat:fol62fac4rehtm7ry3awxgv63y