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Computational Inefficiency Of Nonparametric Tests For Consistency Of Data With Household Consumption

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Author Info
Deb, Rahul

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Abstract

Recently Cherchye et al. (2007a) provided a nonparametric characterization of a general collective model for household consumption which includes externalities and public consumption. This characterization involved different necessary and sufficient conditions. We identify a special case of the household model for which their sufficiency conditions are also necessary. We show that verification of this sufficiency condition is NP Complete which provides justification for the parametric techniques used in the empirical literature.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 2700.

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Date of creation: 2007
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Handle: RePEc:pra:mprapa:2700

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Related research
Keywords: Collective household models intrahousehold allocation revealed preference nonparametric analysis NP Completeness

Find related papers by JEL classification:
D10 - Microeconomics - - Household Behavior - - - General
C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods
D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation

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  1. Deb, Rahul, 2008. "Interdependent Preferences, Potential Games and Household Consumption," MPRA Paper 6818, University Library of Munich, Germany. [Downloadable!]
  2. Dauphin, Anyck & El Lahga, AbdelRahmen & Fortin, Bernard & Lacroix, Guy, 2008. "Are Children Decision-Makers Within the Household?," IZA Discussion Papers 3728, Institute for the Study of Labor (IZA). [Downloadable!]
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This page was last updated on 2008-11-17.


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