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Welfare evaluation in a heterogeneous agent model: how representative is the CES representative consumer?

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Publication:1668256
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DOI10.1016/j.econlet.2016.04.005zbMath1394.91148OpenAlexW3121810470MaRDI QIDQ1668256

Maria D. Tito

Publication date: 3 September 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: http://www.federalreserve.gov/econresdata/feds/2015/files/2015109pap.pdf


zbMATH Keywords

discrete choice modelsasymmetric price changesCES representative consumer


Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Heterogeneous agent models (91B69)


Related Items (1)

Logit, CES, and rational inattention



Cites Work

  • The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
  • Technology, Geography, and Trade
  • Unnamed Item


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