Comparing Shapes of Engel Curves

We measure how different the shapes of Engel curves are across 59 commodity groups. The same analysis is carried out for their derivatives and variances. While Engel curves possess a relatively homogeneous shape, significantly more heterogeneity is present in derivatives and when particular sub-classes of income are considered.

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Year of publication:	2008-12-10
Authors:	Chai, Andreas ; Moneta, Alessio
Institutions:	Wirtschaftswissenschaftliche Fakultät, Friedrich-Schiller-Universität Jena
Subject:	Consumption \| Kernel method \| Rank correlation \| Curve shape

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Extent:	application/pdf
Series:	Jena Economic Research Papers.
Type of publication:	Book / Working Paper
Notes:	Number 2008-093
Classification:	D12 - Consumer Economics: Empirical Analysis ; C14 - Semiparametric and Nonparametric Methods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005090560