The problem addressed in this article is the bias to income and expenditure elasticities estimated on pseudo-panel data caused by measurement error and unobserved heterogeneity. We gauge empirically these biases by comparing cross-sectional, pseudo-panel and true panel data from both Polish and...

This paper contributes to the discussion of the compatibility of consumers' behavior in "real" life with GARP. Within expenditure panel data we observe a relatively low rate of violation (240 out of 3630 households). We show that these violations do not imply an "irrational" behavior of the...

[fre] Estimations de lois de consommation sur un pseudo panel d'enquêtes de l'Insee ( 1979, 1984, 1989) . par Nilton Cardoso et François Gardes . L'estimation de systèmes complets de demande est généralement opérée sur séries temporelles agrégées du fait de la non-disponibilité de...

[spa] I - Ingresos e intenciones de compra, . por François Gardes y Jean-Loup Madre.. . A partir de dos estudios realizados con un año de intervalo, con la misma unidad familiar, se elaboró un modelo de anticipación de los ingresos a partir de la situación finantiera o del dinero ahorrado....

This article adopts Becker's allocation of time framework to describe households' choices concerning both their monetary and time use expenditures in order to propose a new method to derive price elasticity at a micro level. Price and full income elasticities are estimated on a matching of a...