Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/64741
Authors: 
Blundell, Richard
Kristensen, Dennis
Matzkin, Rosa
Year of Publication: 
2011
Series/Report no.: 
cemmap working paper CWP21/11
Abstract: 
This paper develops a new technique for the estimation of consumer demand models with unobserved heterogeneity subject to revealed preference inequality restrictions. Particular attention is given to nonseparable heterogeneity. The inequality restrictions are used to identify bounds on quantile demand functions. A nonparametric estimator for these bounds is developed and asymptotic properties are derived. An empirical application using data from the U.K. Family Expenditure Survey illustrates the usefulness of the methods by deriving bounds and confidence sets for estimated quantile demand functions.
Subjects: 
consumer behaviour
revealed preference
bounds
quantile regression
JEL: 
C20
D12
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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