Envy and Habits: Panel Data Estimates of Interdependent Preferences
We estimate the importance of preference interdependence from consumption choices. Our strategy follows the literature that tests the constraints imposed by optimality on the evolution of individual consumption. The introduction of habits and envy places additional restrictions on the evolution of t...
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| Volume: | 78 |
|---|---|
| Main Author: |
Alvarez‐Cuadrado, Francisco
Casado, Jose Maria Labeaga, Jose Maria |
| Format: | Journal Article |
| Language: | English |
| Zielgruppe: |
Academic |
| Place of publication: |
HOBOKEN WILEY 01.08.2016 Wiley Subscription Services, Inc |
| published in: | Oxford bulletin of economics and statistics Vol. 78; no. 4; pp. 443 - 469 |
| Data of publication: | August 2016 |
| ISSN: |
0305-9049 1468-0084 |
| EISSN: |
1468-0084 |
| Discipline: | Economics Statistics Mathematics |
| Bibliography: |
The authors are grateful for helpful comments from two anonymous referees and seminar participants at the SAEe 2011, the EEA/ESEM 2012, the NASM 2013 and the Banco de España. We also acknowledge financial support from the Ministerio de Ciencia y Tecnologia under grant ECO2012‐39553‐C04‐01. Additionally, Alvarez‐Cuadrado acknowledges financial support from the Social Sciences and Humanities Research Council under grant SSHRC 430‐2013‐000424. Views expressed in this paper are those of the authors and should not be attributed to the Banco de España or the Eurosystem. |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2016 Web of Knowledge Science Citation Index Expanded Web of Science - Science Citation Index Expanded - 2016 Web of Science CrossRef Gale General OneFile (A&I only) Academic OneFile (A&I only) Database information Databases - DBIS |