Showing 1 - 10 of 1,406
Varian (1988) introduced an important proposition regarding restrictions on consumption data if observations of the quantities of a good are missing. In this paper, a simple counterexample is presented to show that the original proof is incorrect, and a new proof is provided. The new proof is...
Persistent link: https://www.econbiz.de/10011531115
We present a nonparametric revealed preference methodology for empirically analyzing collective consumption behavior. First, we introduce an integer programming (IP) methodology for testing data consistency with collective consumption models that account for publicly as well as privately...
Persistent link: https://www.econbiz.de/10013156456
We provide two methods to compute the largest subset of a set of observations that is consistent with the Generalised Axiom of Revealed Preference. The algorithm provided by Houtman and Maks (1985) is not comput ationally feasible for larger data sets, while our methods are not limited in that...
Persistent link: https://www.econbiz.de/10010442321
We extend the nonparametric 'revealed preference' methodology for analyzing collective consumption behavior (with consumption externalities and public consumption), to render it useful for empirical applications that deal with welfare-related questions. First, we provide a nonparametric...
Persistent link: https://www.econbiz.de/10012729024
We extend the nonparametric 'revealed preference' methodology for analyzing collective consumption behavior (with consumption externalities and public consumption), to render it useful for empirical applications that deal with welfare-related questions. First, we provide a nonparametric...
Persistent link: https://www.econbiz.de/10013316820
This paper takes a revealed preference approach for set identifying the discount factor in the exponential discounting model. My methodology allows for measurement error in prices and full heterogeneity in preferences. Using longitudinal data from checkout scanners, I obtain bounds on the...
Persistent link: https://www.econbiz.de/10013239754
As in many developing countries, mobile money was justified as a significant tool of financial inclusion in Sub-Saharan Africa. This study attempts to identify the factors motivating Rwandans to use the mobile money using the FinScope 2016 survey data collected from a random sample of 12,480...
Persistent link: https://www.econbiz.de/10013214870
In empirical demand, industrial organization, and labor economics, prices are often unobserved or unobservable since they may only be recorded when an agent transacts. In the absence of any additional information, this partial observability of prices is known to lead to a number of identi?cation...
Persistent link: https://www.econbiz.de/10011284225
In this paper it is shown that the intratemporal and intertemporal preferences of each decision maker in the household can be identified even if individual consumption is not observed. This identification result is used jointly with the Consumer Expenditure Survey (CEX) to estimate the...
Persistent link: https://www.econbiz.de/10014065983
Collective models identifying resource shares are promising tools to analyse intra-household welfare and poverty. However, their empirical application has proven difficult in practice as authors contend with large standard errors and unstable estimates. This paper uses a prominent framework to...
Persistent link: https://www.econbiz.de/10012971699