Demand elasticities at the table cut level are computed from a Mexican survey of household incomes and weekly expenditures, which is a stratified sample. A censored demand system is estimated incorporating stratification variables and it results in unbiased parameter and elasticity estimates,...

Evidence of meat trade in the form of table cuts suggests that consumer preferences and tastes vary across meat cuts. Unlike previous studies, this paper estimates demand elasticities at the table cut level from a Mexican survey of household incomes and expenditures, which is a stratified...

This article studies the statistical significance of the set of market sentiment variables proposed by Baker and Wurgler (2006) to predict the risk premium on U.S. sovereign bonds. We show that these variables can be summarized in one single market sentiment factor similar in spirit to the...