We develop a novel framework to analyze the structural implications of the marriage market for household consumption. We define a revealed preference characterization of efficient household consumption when the marriage is stable. Stability means that the marriage matching is individually...

We develop a novel framework to analyze the structural implications of the marriage market for household consumption patterns. We start by defining a revealed preference characterization of efficient household consumption when the marriage is stable. In particular, stability means that the...

We define necessary and sufficient conditions on prices and incomes under which quantity choices can violate SARP (Strong Axiom of Revealed Preference) but not WARP (Weak Axiom of Revealed Preference). As SARP extends WARP by additionally imposing transitivity on the revealed preference...

“Matching” is a statistical technique used to evaluate the effect of a treatment by comparing the treated and non-treated units in an observational study. Matching provides an alternative to older estimation methods, such as ordinary least squares (OLS), which involves strong assumptions...

Background: It has become increasingly common in multiple purpose general population surveys to integrate different kinds of biomarker in the data collection process.Objective: In this article we test the predictive power of five different functional forms of CVD-related biomarkers for all-cause...

The dominant practice in economics is to choose the mathematical specification of model relations on the basis of convenience, without much theoretical support. This paper discusses how quantitative model specifications can, in some cases, be given a more formal scientific underpinning in the...

PanJen provides users the opportunity to explore the relationship between a dependent variable and its covariates with minimal restrictions. The package offers an easy and data-driven way to choose a functional form in multiple linear regression models by comparing a range of parametric...

Artificial linear regressions often provide a convenient way to calculate test statistics and estimate covariance matrices. This paper discusses one family of these regressions, called "double-length" because the number of observations in the artificial regression is twice the actual number of...

This paper analyses the relationship between income inequality and growth in transition economies. The distinct and complex dynamics adherent to these economies lead to the proposition of new econometric models in the paper. However, empirical results do not support the proposed more flexible...