Showing 1 - 10 of 13,901
estimation of panel data regressions for industrial economies using historical annual data (1870 - 2015) and recent quarterly …
Persistent link: https://www.econbiz.de/10012511037
In this paper we use the enhanced consumption data in the Panel Survey of Income Dynamics (PSID) from 2005-2017 to … the presence of unobserved heterogeneity. To reliably estimate heterogeneous responses in our un-balanced panel, we … their assets are low, as standard life-cycle theory would predict. In contrast, high-consumption types respond less on …
Persistent link: https://www.econbiz.de/10014248416
consumption. Utilizing a novel panel dataset spanning 28 years and covering 79 countries, we uncover an inverted U …
Persistent link: https://www.econbiz.de/10015416235
behavior. We construct a dynamic panel data model to examine how consumers allocate time to a portfolio of leisure activities … over time. Our data comprise a longitudinal panel where we tracked 287 U.S. consumers’ time use, consumption motives, and …
Persistent link: https://www.econbiz.de/10014166507
We estimate the importance of preference interdependence from consumption choices. Our strategy follows the literature that tests the constraints imposed by optimality in the evolution of individual consumption. We derive a Euler equation from a preference specification that allows for...
Persistent link: https://www.econbiz.de/10013109911
estimate a linear panel AR(1) version of an Engel curve for six consumption composites using iterated GMM. We find that the …
Persistent link: https://www.econbiz.de/10012104758
, the preferred solution is to control for these using a rich specification of fixed-effects, which is feasible with panel …
Persistent link: https://www.econbiz.de/10013118582
We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of … and asset data in recent waves of the Panel Study of Income Dynamics, we find nonlinear persistence and conditional …
Persistent link: https://www.econbiz.de/10011326266
We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of … and asset data in recent waves of the Panel Study of Income Dynamics, we find nonlinear persistence and conditional …
Persistent link: https://www.econbiz.de/10011336956
We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of … and asset data in recent waves of the Panel Study of Income Dynamics, we find nonlinear persistence and conditional …
Persistent link: https://www.econbiz.de/10011345793