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Household-level data on consumer expenditures underpins a wide range of empirical research in modern economics, spanning micro- and macroeconomics. This research includes work on consumption and saving, on poverty and inequality, and on risk sharing and insurance. We review different ways in...
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The great majority of studies on the effect of school quality on academic outcomes do not take account of changes in student choices concerning effort if school quality, e.g. class size, changes. We show that empirical estimates of the "total" effect of changes in school quality could be quite...
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This paper applies revealed preference theory to the nonparametric statistical analysis of consumer demand. Knowledge of expansion paths is shown to improve the power of nonparametric tests of revealed preference. The tightest bounds on indifference surfaces and welfare measures are derived...
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A systematic approach for incorporating taste variation into a revealed preference framework for heterogeneous consumers is developed. We create a new methodology that enables the recovery of the minimal variation in tastes that are required to rationalise observed choice patterns. This approach...
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