Showing 1 - 10 of 201,908
We propose a tractable method for estimation of a simultaneous search model for differentiated products that allows for …
Persistent link: https://www.econbiz.de/10014233362
show the importance of such measurement errors for the estimation of demand in a setting with nonseparable unobserved … group rather than the true individual value. In consumer demand this form of measurement error is present because the price … heterogeneity. We develop a consistent estimator using external information on the true distribution of prices. Examining the demand …
Persistent link: https://www.econbiz.de/10011935703
during busts. The standard model of housing demand treats housing as a quantity of "housing services", an imaginary …
Persistent link: https://www.econbiz.de/10011538569
This paper develops a new method for estimating the demand function for gasoline and the deadweight loss due to an … economic theory to improve the precision of a nonparametric estimate of the demand function. Using data from the U.S. National … Household Travel Survey, we show that the restrictions are consistent with the data on gasoline demand and remove the anomalous …
Persistent link: https://www.econbiz.de/10003838977
; Nonparametric Estimation ; Gasoline Demand ; Deadweight Loss …This paper develops a new method for estimating a demand function and the welfare consequences of price changes. The … method is applied to gasoline demand in the U.S. and is applicable to other goods. The method uses shape restrictions derived …
Persistent link: https://www.econbiz.de/10009230288
This paper develops a new method for estimating a demand function and the welfare consequences of price changes. The … method is applied to gasoline demand in the United States and is applicable to other goods. The method uses shape … restrictions derived from economic theory to improve the precision of a nonparametric estimate of the demand function. Using data …
Persistent link: https://www.econbiz.de/10011756415
Persistent link: https://www.econbiz.de/10011955953
Persistent link: https://www.econbiz.de/10011701738
This paper is motivated by our attempt to answer an empirical question: how is private health insurance take-up in Australia affected by the income threshold at which the Medicare Levy Surcharge (MLS) kicks in? We propose a new difference de-convolution kernel estimator for the location and size...
Persistent link: https://www.econbiz.de/10011309141
The market for commercial properties is characterised by extreme heterogeneity in demand. In this paper, we aim to gain … more insight in the heterogeneity in demand for employment agglomeration and size of the rental property using a two …
Persistent link: https://www.econbiz.de/10011381817