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A Comparison of Consumption Models Estimated on American and Polish Panel and Pseudo-Panel Data

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Author Info

  • Duncan, G.J.
  • Gardes, F.
  • Gaubert, P.
  • Starzec, C.

Abstract

The problem addresses in this article is the bias to income and expenditure elasticity estimates caused by inattention to measurement error and unobserved heterogeneity. We gauge these biases by comparing cross-sectional, pseudo-panel and true panel data from Polish and American expenditure surveys.

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Bibliographic Info

Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Papiers du Laboratoire de Microéconomie Appliquée with number 1998-09.

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Length: 22 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:parima:1998-09

Contact details of provider:
Postal: UNIVERSITE DE PARIS I-PANTHEON-SORBONNE, CENTRE NATIONALE DE RECHERCHE SCIENTIFIQUE, LABORATOIRE DE MICROECONOMIE APPLIQUEE, 90 DE TOLBIAC 75634 PARIS CEDEX 13 FRANCE.
Phone: 33 1 55 43 42 00
Fax: + 33 1 44 07 83 01
Email:
Web page: http://team.univ-paris1.fr/
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Keywords: CONSUMPTION ; ECONOMETRICS ; STATISTICAL ANALYSIS;

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Cited by:
  1. Beine, Michel & Bismans, Francis & Docquier, Frederic & Laurent, Sebastien, 2001. "Life-cycle behaviour of US households: A nonlinear GMM estimation on pseudopanel data," Journal of Policy Modeling, Elsevier, vol. 23(7), pages 713-729, October.
  2. François Gardes, 2014. "Full price elasticities and the value of time: A tribute to the Beckerian model of the allocation of time," Documents de travail du Centre d'Economie de la Sorbonne 14014, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  3. François Gardes, 2014. "Full price elasticities and the value of time: A Tribute to the Beckerian model of the allocation of time," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00973418, HAL.
  4. Francois Gardes & Christophe Starzec, 2004. "Household Demand Patterns in France 1980-1995," DEMPATEM Working Papers wp6, AIAS, Amsterdam Institute for Advanced Labour Studies.
  5. Francois Gardes & Christophe Starzec, 2004. "Income Effects on Services Expenditures," DEMPATEM Working Papers wp7, AIAS, Amsterdam Institute for Advanced Labour Studies.

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