Showing 1 - 10 of 34
Persistent link: https://www.econbiz.de/10011508488
Persistent link: https://www.econbiz.de/10011508623
Persistent link: https://www.econbiz.de/10011704789
Persistent link: https://www.econbiz.de/10008666666
Persistent link: https://www.econbiz.de/10009301911
Rationality places strong restrictions on individual consumer behavior. This paper is concerned with assessing the validity of the integrability constraints imposed by standard utility maximization, arising in classical consumer demand analysis. More specifically, we characterize the testable...
Persistent link: https://www.econbiz.de/10003908559
Monotonicity in a scalar unobservable is a now common assumption when modeling heterogeneity in structural models. Among other things, it allows one to recover the underlying structural function from certain conditional quantiles of observables. Nevertheless, monotonicity is a strong assumption...
Persistent link: https://www.econbiz.de/10013052726
Persistent link: https://www.econbiz.de/10011508496
In this paper, we suggest and analyze a new class of specification tests for random coefficient models. These tests allow to assess the validity of central structural features of the model, in particular linearity in coefficients, generalizations of this notion like a known nonlinear functional...
Persistent link: https://www.econbiz.de/10011994708
In this paper, we suggest and analyze a new class of specification tests for random coefficient models. These tests allow to assess the validity of central structural features of the model, in particular linearity in coefficients, generalizations of this notion like a known nonlinear functional...
Persistent link: https://www.econbiz.de/10011899244