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Homothetic Efficiency and Test Power: A Non-Parametric Approach

Heufer, Jan; Hjertstrand, Per - 2015

We provide a nonparametric revealed preference approach to demand analysis based on homothetic efficiency … homothetic efficiency of consumption choices. It generalises Heufer's (2013) two-dimensional concept to arbitrary dimensions and …

Persistent link: https://www.econbiz.de/10011288415

Evaluation of Development Policy: Treatment versus Program Effects

Elbers, Chris; Gunning, Jan Willem - 2009

There is a growing interest, notably in development economics, in extending project evaluation methods to the evaluation of multiple interventions (“programs”). In program evaluations one is interested in the aggregate impact of a program rather than the effect on individual beneficiaries....

Persistent link: https://www.econbiz.de/10010325967

Evaluation of Development Programs: Using Regressions to assess the Impact of Complex Interventions

Elbers, Chris; Gunning, Jan Willem - 2012

presence of selection effects and treatment heterogeneity. As an example we present an estimate of the TPE for a rural water …

Persistent link: https://www.econbiz.de/10010326352

The Impact of Later Tracking on Mortality by Parental Income in Finland

Ravesteijn, Bastian; van Kippersluis, Hans; Avendano, … - 2017

We investigate whether later educational tracking reduced the intergenerational persistence of socioeconomic disparities in mortality in Finland,where the tracking age was raised from 11 to 16 in the 1970s. We use a difference-in-differences approach that exploits the gradual rollout of the...

Persistent link: https://www.econbiz.de/10011662528

Stick to the Plan? A Revealed-Preference Study of Behavioural Impacts of Traffic Information

Tseng, Yin-Yen; Knockaert, Jasper; Verhoef, Erik T. - 2010

We estimate a revealed-preference scheduling model of morning peak behaviour that allows us to determine the impact of traffic information on traveller behaviour. Specifically, we distinguish between the marginal impact of expected travel times versus that of deviations from this expectation...

Persistent link: https://www.econbiz.de/10010325957

Afriat in the Lab

Heufer, Jan; van Bruggen, Paul - 2016

Varian (1988) showed that the utility maximization hypothesis cannot be falsified when only a subset of goods is observed. We show that this result does not hold under the assumptions that unobserved prices and expenditures remain constant. These assumptions are naturally satisfied in laboratory...

Persistent link: https://www.econbiz.de/10011586710

Homothetic Preferences Revealed

Heufer, Jan; Hjertstrand, Per - 2017

We propose a method to recover homothetic preferences from choice data with minor optimization or measurement errors. Our method allows for a more detailed graphical analysis to reveal subjects' preferences and to choose appropriate functional forms for parametric analysis. It can also be used...

Persistent link: https://www.econbiz.de/10011819496

Quantifying Productivity Gains from Foreign Investment

Fons-Rosen, Christian; Kalemli-Ozcan, Sebnem; Sorensen, … - 2013

We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm-level database. Our identification strategy relies on exploiting the difference in the amount of foreign investment by financial and industrial investors and simultaneously controlling...

Persistent link: https://www.econbiz.de/10010326288

Thought for Food: Understanding Educational Disparities in Food Consumption

Koç, Hale; van Kippersluis, Hans - 2015

discriminate between the theoretical parameters. Differences in health knowledge appear to be responsible for the greatest part of … the education disparity in diet. However, when faced with the most explicit health information regarding diet, lower … educated individuals still state choices that imply a lower concern for negative health consequences. This is consistent with a …

Persistent link: https://www.econbiz.de/10011288388

Who can predict their own Demise? Accuracy of Longevity Expectations by Education and Cognition

Bago d'Uva, Teresa; Erdogan Ciftci, Esen; O'Donnell, Owen; … - 2015

Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health … explain heterogeneity in economic behaviour by education and cognitive functioning. Analysis of eight waves of the US Health …

Persistent link: https://www.econbiz.de/10011288406