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Dynamic AIDS #2

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fedemolina opened this issue Apr 14, 2022 · 0 comments

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fedemolina commented Apr 14, 2022

Is it possible to add dynamic in the aids models (Yes)? And how? Could be done thorough demand shifters?

Example:

Dynamic almost ideal demand systems: an empirical analysis of alcohol expenditure in Ireland: https://doi.org/10.1080/0003684032000066796

Another example and code that could be adapted is the one use in erer package.

Using dinamic aids one could calculate (and compare) short and long run elasticities.

fedemolina added enhancement and removed enhancement labels

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