A Comparison of Consumption Models Estimated on American and Polish Panel and Pseudo-Panel Data.

The problem addresses in this article is the bias to income and expenditure elasticity estimates caused by inattention to measurement error and unobserved heterogeneity. We gauge these biases by comparing cross-sectional, pseudo-panel and true panel data from Polish and American expenditure surveys.

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Year of publication:	1998
Authors:	Duncan, G.J. ; Gardes, F. ; Gaubert, P. ; Starzec, C.
Institutions:	Théorie et Applications en Microéconomie et Macroéconomie (TEAM), Centre d'Économie de la Sorbonne
Subject:	CONSUMPTION \| ECONOMETRICS \| STATISTICAL ANALYSIS

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Series:	Papiers du Laboratoire de Microéconomie Appliquée.
Type of publication:	Book / Working Paper
Notes:	22 pages
Classification:	D12 - Consumer Economics: Empirical Analysis ; C33 - Models with Panel Data ; C31 - Cross-Sectional Models; Spatial Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005775924