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This paper is about the determination and prediction of permanent income in household data. Standard static welfare …
Persistent link: https://www.econbiz.de/10005292691
We contrast two approaches to the prediction of latent variables in the model of factor analysis. The likelihood …
Persistent link: https://www.econbiz.de/10005481783
If the set of households which are income poor does not fully overlap with the set of the consumption poor, it could well be that income and consumption expenditure convey different information regarding an unobserved variable on the basis of which families allocate their resources...
Persistent link: https://www.econbiz.de/10005650128