Empirical demand analysis played a central role in the early history of econometrics. For instance, studies relating to this topic laid the groundwork for our understanding of simultaneous equations systems, identification, and instrumental variables estimation.
Throughout the
1950's,
1960's, and 1970's, empirical demand analysis loomed large in the empirical econometrics literature. So, any new insights relating to the history of the theory of demand are of considerable interest to applied econometricians.
Olav Bjerkholt, of the Department of Economics at the University of Oslo, has recently released
a paper titled, "Henry Schultz and the Rediscovery of Slutsky (1915)". Here's the abstract: