The superior measure of PSID consumption: An update
AbstractThis paper provides an update to Skinner's (1987) predicted consumption measure for households in the Panel Study of Income Dynamics from 1980 to 2003. More than 80% of the variance in total non-durable consumption is explained by three expenditure components.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 108 (2010)
Issue (Month): 3 (September)
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Web page: http://www.elsevier.com/locate/ecolet
Consumption Expenditure PSID CEX Household behavior;
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