Testing for Intertemporal Nonseparability

Ian Crawford and Matthew Polisson

No 13/08, Discussion Papers in Economics from Division of Economics, School of Business, University of Leicester

Abstract: This paper presents a nonparametric analysis of intertemporal models of consumer choice that relax consumption independence. We compare the revealed preference conditions for the intertemporally nonseparable models of rational habit formation and rational anticipation. We show that these models are nonparametrically equivalent in the usual empirical setting.

Keywords: Anticipation; habits; revealed preference; time separability (search for similar items in EconPapers)
JEL-codes: D11 D12 D91 (search for similar items in EconPapers)
Date: 2013-05, Revised 2013-07
New Economics Papers: this item is included in nep-dcm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.le.ac.uk/economics/research/RePEc/lec/leecon/dp13-08.pdf (application/pdf)

Related works:
Journal Article: Testing for intertemporal nonseparability (2014)
Working Paper: Testing for intertemporal nonseparability (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lec:leecon:13/08

Ordering information: This working paper can be ordered from
https://www2.le.ac.u ... -1/discussion-papers

Access Statistics for this paper

More papers in Discussion Papers in Economics from Division of Economics, School of Business, University of Leicester School of Business, University of Leicester, University Road. Leicester. LE1 7RH. UK Provider-Homepage: https://le.ac.uk/school-of-business. Contact information at EDIRC.
Bibliographic data for series maintained by Abbie Sleath ().