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Slutsky equation

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English Etymology en Russian mathematical statistician and economist Eugen E. Slutsky Eugen_Slutsky. Proper noun Slutsky equation 1 en economics An equation that relates changes in Marshallian (uncompensated) demand to changes in Hicksian (compensated) demand, designed to explore a consumer's response to changes in price. en Slutsky identity en 1972 Stanley Fischer Econometrica 40 2 371 This correspondence is then used in a derivation of Slutsky equations for assets.