Showing 1 - 4 of 4
<p><p><p><p><p>Decision processes among couples depend on the balance of power between the partners, determining the welfare of household members as well as household outcomes. However, little is known about the determinants of power. The collective model of household behavior gives an operational definition...</p></p></p></p></p>
Persistent link: https://www.econbiz.de/10005509563
Characteristics models have been found to be useful in many areas of economics. However, their empirical implementation tends to rely heavily on functional form assumptions. In this paper we develop a revealed preference-based nonparametric approach to characteristics models. We derive the...
Persistent link: https://www.econbiz.de/10005037552
This paper uses revealed preference inequalities to provide tight nonparametric bounds on consumer responses to price changes. Price responses are allowed to vary nonparametrically across the income distribution by exploiting microdata on consumer expenditures and incomes over a finite set of...
Persistent link: https://www.econbiz.de/10005727696
<p>"Only entropy comes easily" - Anton Chekhov <p>Various methods have been used to overcome the point identification problem inherent in the linear age-period-cohort model. This paper presents a set-identification result for the model and then considers the use of the maximum-entropy principle as a...</p></p>
Persistent link: https://www.econbiz.de/10009649767