Abstract
Frisch’s (1959) famous conjecture states that the income elasticity of the marginal utility of income decreases in absolute value as the consumer (or country) becomes more affluent.
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© 1993 Springer Science+Business Media Dordrecht
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Selvanathan, S. (1993). Further Evidence on the Frisch Conjecture. In: A System-Wide Analysis of International Consumption Patterns. Advanced Studies in Theoretical and Applied Econometrics, vol 29. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1968-9_6
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DOI: https://doi.org/10.1007/978-94-011-1968-9_6
Publisher Name: Springer, Dordrecht
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