Chai, Andreas; Moneta, Alessio - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008
Certain properties of Engel curves have been linked to the occurrence of structural changein the economy (Pasinetti 1981, Metcalfe et al. 2006, Saviotti 2001). From an empiricalperspective, however, very little has been done to examine (i) whether indeed satiation isa general property of Engel...