Blundell, Richard; Horowitz, Joel L.; Parey, Matthias - 2011
method is applied to gasoline demand in the U.S. and is applicable to other goods. The method uses shape restrictions derived ….S. National Household Travel Survey, we show that the restrictions are consistent with the data on gasoline demand and remove the … gasoline demand and the way responses vary across the income distribution. We find that price responses vary nonmonotonically …