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consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …
Persistent link: https://www.econbiz.de/10011338007
of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation … estimate are close to the modified OECD scale. Calculating the Gini coefficient, we find that the at-risk-of-poverty rate and … inequality and poverty. We conclude that differences in estimation methods for equivalence scales might be less important than …
Persistent link: https://www.econbiz.de/10011764530
The four papers on aggregation theory and estimation of demand function together provide a complete picture starting … from the underlying theory of aggregation and specification to empirical estimation of demand functions. The first paper is …
Persistent link: https://www.econbiz.de/10012855676
estimation of equivalence scales have been proposed. Until now, however, no comprehensive comparison of current methods has been …
Persistent link: https://www.econbiz.de/10012490633
We demonstrate that interpersonal comparisons lead to "keeping up with the Joneses"-behavior. Using annual household data from the German Socio-Economic Panel, we estimate the causal effect of changes in reference consumption, defined as the consumption level of all households who are perceived...
Persistent link: https://www.econbiz.de/10010190171
Sharp nonparametric bounds are derived for Hicksian compensating and equivalent variations. These 'i-bounds' generalize earlier results of Blundell, Browning and Crawford (2008). We show that their e-bounds are sharp under the Weak Axiom of Revealed Preference (WARP). They do not require...
Persistent link: https://www.econbiz.de/10013101454
theory of revealed preference with the semiparametric estimation of consumer expansion paths (Engel curves). We label these …
Persistent link: https://www.econbiz.de/10008700152
consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …
Persistent link: https://www.econbiz.de/10014070088
estimation. In particular, there are relative concerns (for consumption at the top) in counties with relatively low income …
Persistent link: https://www.econbiz.de/10010409785
We demonstrate that upward-looking comparisons induce "keeping up with the richer Joneses"-behavior. Using data from the German Socio-Economic Panel, we estimate the effect of reference consumption, defined as the consumption level of all households who are perceived to be richer, on household...
Persistent link: https://www.econbiz.de/10010491182