The primary purpose of this chapter is to demonstrate how a framework developed from data embodied in surveys of households’ consumer expenditures can be used to calculate complete arrays of own- and cross-price elasticities. The procedure is illustrated for simulated changes of ±10% in the...

The aim of this book, Future of the Telecommunications Industry: Forecasting and Demand Analysis, is to describe leading research in the area of empirical telecommunications demand analysis and forecasting in the light of tremendous market and regulatory changes. Its purpose is to educate the...

"Consumption expenditures by households in the United States acccount for about 70% of America's GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in prices and income." -- Back cover

Preliminaries -- and Overview -- Demand Theory Under Review -- Quantile Regression: A Robust Alternative to Least Squares -- Analyses of Data from BLS Consumer Expenditure Surveys -- Description of Data Used from the Ongoing BLS Consumer Expenditure Surveys -- Stability of U.S. Consumption...

Preface -- A Different Way of Looking at Consumption Behavior -- Stability of The Internal Structure of Consumption Expenditures -- Stability of The Internal Structure of Consumption Expenditure II: Interpretation and Further Analyses -- Effects of A Change In Expenditures For One Good on...