The superior measure of PSID consumption: An update

Sheng Guo

Economics Letters, 2010, vol. 108, issue 3, 253-256

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: Consumption; Expenditure; PSID; CEX; Household; behavior (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:108:y:2010:i:3:p:253-256

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