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We measure how different the shapes of Engel curves are across 59 commodity groups. The same analysis is carried out for their derivatives and variances. While Engel curves possess a relatively homogeneous shape, significantly more heterogeneity is present in derivatives and when particular...
Persistent link: https://www.econbiz.de/10005090560
heterogeneity is present in derivatives and when particular sub-classes of income are considered. -- Consumption ; Kernel method …
Persistent link: https://www.econbiz.de/10003800055
subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ?consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …
Persistent link: https://www.econbiz.de/10010262418
subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ?consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …
Persistent link: https://www.econbiz.de/10011339086
Equivalence scales are routinely applied to adjust the income of households of different size and composition. Because of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation of equivalence scales have been proposed. Until now, no...
Persistent link: https://www.econbiz.de/10011764530
Household composition can be expected to affect the allocation of household expenditure among goods, at the very least because of economies of scale as household size increases and because different people have different needs (adults versus children, for example). Specifying demographic effects...
Persistent link: https://www.econbiz.de/10010293010
An additive partially linear regression model is used to estimate non-parametrically the effects of total expenditure and age in the context of Engel curves and to investigate the specification and welfare interpretation of the age effects in parametric models of consumer behaviour. Empirical...
Persistent link: https://www.econbiz.de/10014117662
This paper applies revealed preference theory to the nonparametric statistical analysis of consumer demand. Knowledge of expansion paths is shown to improve the power of nonparametric tests of revealed preference. The tightest bounds on indifference surfaces and welfare measures are derived...
Persistent link: https://www.econbiz.de/10011537533
Persistent link: https://www.econbiz.de/10001642012
explaining the relative change in aggregate consumption using the distributional approach of aggregation by Hildenbrand and Kneip … average derivative of the individual consumption relation without requiring a specific functional form of this relation and …
Persistent link: https://www.econbiz.de/10011539659