Cherchye, Laurens; De Rock, Bram; Sabbe, Jeroen; … - In: Journal of Econometrics 147 (2008) 2, pp. 258-265
We present an IP-based nonparametric (revealed preference) testing procedure for rational consumption behavior in terms of a general collective model, which includes consumption externalities and public consumption. An empirical application to data drawn from the Russia Longitudinal Monitoring...