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Comparing Shapes of Engel Curves

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  • Andreas Chai

    (Max Planck Institute of Economics, Jena, Germany)

  • Alessio Moneta

    () (Max Planck Institute of Economics, Jena, Germany)

Abstract

We measure how different the shapes of Engel curves are across 59 commodity groups. The same analysis is carried out for their derivatives and variances. While Engel curves possess a relatively homogeneous shape, significantly more heterogeneity is present in derivatives and when particular sub-classes of income are considered.

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Bibliographic Info

Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2008-093.

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Date of creation: 10 Dec 2008
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Handle: RePEc:jrp:jrpwrp:2008-093

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Keywords: Consumption; Kernel method; Rank correlation; Curve shape;

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