Aasness, Jørgen; Biørn, Erik; Skjerpen, Terje - In: Econometrics Journal 6 (2003) 2, pp. 374-400
A complete system of consumer expenditure functions with 28 commodities is modeled and estimated by means of two-wave household panel data. The total consumption expenditure is treated as latent, with two income measures as observed indicators. The distribution of latent individual differences,...