A Semiparametric Approach to Estimate Engel curves using the US Micro Data

The study estimates Engel curves using cross-section data from the 2003 US consumer expenditure survey (CES). We focus on finding adequate specification for modeling the demographic characteristics using parametric, nonparametric, and semiparametric techniques. The empirical results indicate parametric Working-Leser or Piglog specification was sufficient for most budget shares except for transportation where semiparametric specification had support.


Issue Date:
2006
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21092
Total Pages:
24
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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