Pierani, Pierpaolo; Tiezzi, Silvia - In: Giornale degli Economisti 70 (2011) 2, pp. 93-116
A pseudo-panel of Italian single households is used to test for rational addiction in alcohol consumption. These monthly consumption data raise problems of measurement errors and unobservable heterogeneity. To deal with the zeros in the dependent variable we adopt a specification based on...