Article ID Journal Published Year Pages File Type
5061053 Economics Letters 2010 4 Pages PDF
Abstract

This paper provides an update to Skinner's (1987) predicted consumption measure for households in the Panel Study of Income Dynamics from 1980 to 2003. More than 80% of the variance in total non-durable consumption is explained by three expenditure components.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
The superior measure of PSID consumption: An update
Authors
,