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Thanasis Stengos and Dianqin Wang |
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''Testing for Shape Invariance of Semiparametric Equivalence Scales'' |
( 2007, Vol. 4 No.21 ) |
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Within a semiparametric framework we propose a test of shape invariance of Engel curves, which is a necessary condition for base independence. Using Canadian family expenditure data for 1996 we reject shape invariance for the fuel and clothing share equations. |
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Keywords: |
JEL: D1 - Household Behavior: General
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Manuscript Received : Mar 12 2007 | | Manuscript Accepted : Jun 12 2007 |
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