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Some $\lambda$-separable Frisch demands with utility functions
Abstract
We complete the characterization of two Frisch demand systems first developed by Browning et al (1985), and show that that these systems (i) do not restrict intertemporal substitution; but (ii) imply momentary utility functions which are additively separable in consumption. These utility functions turn out to take the well-known exponential and Stone-Geary forms.
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