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Persistent link: https://www.econbiz.de/10008667544
A reliable prediction of unconditional welfare distributions, like income or consumption, is essential for welfare analysis, and in particular for inequality, poverty or development studies. Where observations of expenditures or income are missing, the mean prediction based on available...
Persistent link: https://www.econbiz.de/10009380657
Persistent link: https://www.econbiz.de/10011506445
A reliable prediction of unconditional welfare distributions, like income or consumption, is essential for welfare analysis, and in particular for inequality, poverty or development studies. Where observations of expenditures or income are missing, the mean prediction based on available...
Persistent link: https://www.econbiz.de/10013118033
Consumer demand microdata typically exhibit a great deal of expenditure variation but not very much price variation. In this paper, we propose a semiparametric approach to the consumer demand problem in which expenditure share equations are nonparametric in the real expenditure direction and...
Persistent link: https://www.econbiz.de/10012712967