This is a preview. Log in through your library . Abstract In this paper nonparametric Kernel smoothing technique is used to determine the functional form of the engel curves of some selected ...
Journal of Political Economy, Vol. 81, No. 3 (May - Jun., 1973), pp. 655-677 (23 pages) When a new durable is introduced, the fraction of owners in the population increases. A growth curve is observed ...
Abstract: Understanding how marginal utilities of expenditure evolve over time is key to the specification, the estimation, and the testing of dynamic consumer behavior. But in existing dynamic models ...