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Identification of structural models in the presence of measurement error due to rounding in survey responses

Hoderlein, Stefan; Siflinger, Bettina; Winter, Joachim - Department of Economics, Boston College - 2015

Distortions in the elicitation of economic variables arise frequently. A common problem in household surveys is that reported values exhibit a significant degree of rounding. We interpret rounding as a filter that allows limited information about the relationship of interest to pass. We argue...

Persistent link: https://www.econbiz.de/10011123595

The triangular model with random coefficients

Hoderlein, Stefan; Holzmann, Hajo; Meister, Alexander - 2015

- and nonparametric sample counterpart estimators in finite and large samples. Finally, we give an application of the …

Persistent link: https://www.econbiz.de/10011445742

Welfare analysis using nonseparable models

Hoderlein, Stefan; Vanhems, Anne - 2010

population of heterogeneous consumers. Individual demands are characterized by a nonseparable model which is nonparametric in the …

Persistent link: https://www.econbiz.de/10010288365

How many consumers are rational?

Hoderlein, Stefan - 2009

Rationality places strong restrictions on individual consumer behavior. This paper is concerned with assessing the validity of the integrability constraints imposed by standard utility maximization, arising in classical consumer demand analysis. More specifically, we characterize the testable...

Persistent link: https://www.econbiz.de/10010288416

Structural Measurement Errors in Nonseparable Models

Hoderlein, Stefan; Winter, Joachim - Department of Economics, Boston College - 2009

approach is entirely nonparametric, using Matzkin-type nonseparable models that nest a large class of potential structural …

Persistent link: https://www.econbiz.de/10008506226

Developments in Nonparametric Demand Analysis: Heterogeneity and Nonparametrics

Hoderlein, Stefan - Department of Economics, Boston College - 2008

This paper discusses new development in nonparametric econometric approaches related to empirical modeling of demand … nonparametric identification using nonseparable functions, semi-and nonparametric estimation approaches involving inverse problems …, and nonparametric testing approaches. We focus on classical consumer demand systems with continuous quantities, and do not …

Persistent link: https://www.econbiz.de/10008506228

Testing Homogeneity in Demand Systems Nonparametrically: Theory and Evidence

Hoderlein, Stefan; Haag, Berthold R.; Mihaleva, Sonya - Department of Economics, Boston College - 2009

. The test statistic we propose is based on kernel regression and extends nonparametric specification tests to systems of …

Persistent link: https://www.econbiz.de/10008506229

How Many Consumers are Rational?

Hoderlein, Stefan - Department of Economics, Boston College - 2009

Persistent link: https://www.econbiz.de/10008506231

Regressor Dimension Reduction with Economic Constraints: The Example of Demand Systems with Many Goods

Hoderlein, Stefan; Lewbel, Arthur - Department of Economics, Boston College - 2007

Microeconomic theory often yields models with multiple nonlinear equations, nonseparable unobservables, nonlinear cross equation restrictions, and many potentially multicollinear covariates. We show how statistical dimension reduction techniques can be applied in models with these features. In...

Persistent link: https://www.econbiz.de/10005027818

Structural Measurement Errors in Nonseparable Models

Hoderlein, Stefan; Winter, Joachim - 2009

approach is entirely nonparametric, using Matzkin-type nonseparable models that nest a large class of potential structural …

Persistent link: https://www.econbiz.de/10010427540