156647 20251017144551.0 doi 10.1007/s00181-025-02740-1 sideral 143953 ART-2025-143953 eng Kim, H. Youn Shadow demands for unobservable goods: an intertemporal incomplete demand approach 2025 Access copy available to the general public Unrestricted For goods whose quantities are not observed or available, there are no explicit, but shadow, demands for them. To analyze these shadow demands, this paper presents a novel incomplete demand model that allows for intertemporal consumption behavior, as summarized by the Euler equation. This equation is then estimated, using French data (1977–2020), jointly with the demands for observed goods. This allows to identify the parameters characterizing the shadow demands for unobservable goods and to properly measure the welfare effects of price changes. Results indicate that in the absence of available quantity data for some goods, the proposed shadow demand model provides sufficient information to adequately analyze observed consumer behavior. info:eu-repo/semantics/openAccess by https://creativecommons.org/licenses/by/4.0/deed.es info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Molina, José Alberto Universidad de Zaragoza (orcid)0000-0002-9437-4606 Wong, K. K. Gary 4000 415 Universidad de Zaragoza Dpto. Análisis Económico Área Fund. Análisis Económico (2025), [31 pp.] Empir. econ. Empirical Economics 0377-7332 718362 http://zaguan.unizar.es/record/156647/files/texto_completo.pdf Versión publicada 968505 http://zaguan.unizar.es/record/156647/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:156647 articulos driver 2025-10-17-14:11:50 ARTICLE