Bounding quantile demand functions using revealed preference inequalities

Publikation: Bidrag til tidsskrift/Konferencebidrag i tidsskrift /Bidrag til avisTidsskriftartikelForskningpeer review

This paper develops a new approach to the estimation of consumer demand models with unobserved heterogeneity subject to revealed preference inequality restrictions. Particular attention is given to nonseparable heterogeneity. The inequality restrictions are used to identify bounds on counterfactual demand. A nonparametric estimator for these bounds is developed and asymptotic properties are derived. An empirical application using data from the UK Family Expenditure Survey illustrates the usefulness of the methods.

OriginalsprogEngelsk
TidsskriftJournal of Econometrics
Vol/bind179
Nummer2
Sider (fra-til)112-127
Antal sider16
ISSN0304-4076
DOI
StatusUdgivet - 1 apr. 2014

Se relationer på Aarhus Universitet Citationsformater

ID: 85152835