Broda, Christian M. (contributor); … - 2004 - [Elektronische Ressource]
d
−
== for
g
cC∈ . Also assume that the quantity vectors x
gt
and x
gt-1
are the cost-
minimizing consumption bundles …
These weights are computed using cost shares,
gc
s , in the two periods, as
follows:
(7)
g
gct gct
gct
gct gct
cC
px
s
p x …
−
−−
−
−
−−
−
=
=
d
pp xx
d
pp xx
where
g
gt
gct gct
cI
gt
gct gct
cI
p x
p x
λ
∈
∈
=
∑
∑
and
1
11
1
11
g
gt
gct gct
cI
gt
gct gct
cI …