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We study noncooperative household models with two agents and several voluntarily contributed public goods, deriving the counterpart to the Slutsky matrix and demonstrating the nature of the deviation of its properties from those of a true Slutsky matrix in the unitary model. We provide results...
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We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand...
Persistent link: https://www.econbiz.de/10013428112
Many budget surveys present the interesting features that for a wide range of goods they contain quantity information along with expenditure information, and that the geographical location of households is fairly precise. We take advantage of these features to develop a method for estimation of...
Persistent link: https://www.econbiz.de/10011449002
Hostility towards minorities may sometimes have economic rather than racial motives. Labour market fears, or concerns about the welfare system, are often believed to manifest themselves in hostile attitudes towards population groups that are considered to be competitors for these resources. The...
Persistent link: https://www.econbiz.de/10011336853