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, remittances are higher if close relatives live in the sending country. Finally, Vuong-tests indicate that the double-hurdle model … is the correct specification for the analysis of migrants' savings and remittances rather than the conventional Tobit …
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, remittances are higher if close relatives live in the sending country. Finally, Vuong-tests indicate that the double-hurdle model … is the correct specification for the analysis of migrants' savings and remittances rather than the conventional Tobit …
Persistent link: https://www.econbiz.de/10013316868
Many budget surveys present the interesting features that for a wide range of goods they contain quantity information along with expenditure information, and that the geographical location of households is fairly precise. We take advantage of these features to develop a method for estimation of...
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We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand...
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