The Slutsky and Hicks Decompositions in Consumption: A Seamless Perspective on the Analytics, Numerics, and Graphics
16 Pages Posted: 23 Feb 2003
Date Written: January 25, 2003
Abstract
At present, the literature fails to provide a seamless perspective on the graphics, the numerics, and the analytics of both the Slutsky and Hicks decompositions of the effect of a price change on consumption. The present paper offers a remedy.
Suggested Citation: Suggested Citation
Leung, Ambrose and Sproule, Robert, The Slutsky and Hicks Decompositions in Consumption: A Seamless Perspective on the Analytics, Numerics, and Graphics (January 25, 2003). Available at SSRN: https://ssrn.com/abstract=378960
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