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A Microeconometric Comparison of Household Behavior between Countries

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  • Miller, Robert A
  • Sieg, Holger

Abstract

This paper reviews the methodological issues associated with estimating and testing competitive markets with panel data and applies it to international economics. The authors investigate differences in housing consumption and male labor supply across households in Germany and the United States. Observations are treated as equilibrium outcomes, generated by a set of competitive markets which accommodate varying degrees of integration. After controlling for differences in the sample populations and aggregate shocks, the authors find that the estimated structural parameters are surprisingly similar across these two countries.

Suggested Citation

  • Miller, Robert A & Sieg, Holger, 1997. "A Microeconometric Comparison of Household Behavior between Countries," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(2), pages 237-253, April.
    • Handle: RePEc:bes:jnlbes:v:15:y:1997:i:2:p:237-53
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    Cited by:

    1. Orazio Attanasio & Peter Levell & Hamish Low & Virginia Sánchez-Marcos, 2015. "Aggregating Elasticities: Intensive and Extensive Margins of Female Labour Supply," NBER Working Papers 21315, National Bureau of Economic Research, Inc.
    2. Orazio Attanasio & Peter Levell & Hamish Low & Virginia Sánchez‐Marcos, 2018. "Aggregating Elasticities: Intensive and Extensive Margins of Women's Labor Supply," Econometrica, Econometric Society, vol. 86(6), pages 2049-2082, November.

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