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Citation Information

Type Journal Article - Economics Letters
Title Estimating expenditure impacts without expenditure data using asset proxies
Author(s)
Volume 110
Issue 2
Publication (Day/Month/Year) 2011
Page numbers 122 -125
URL https://doi.org/10.1016/j.econlet.2010.11.009
Abstract
When asset indices are used in regressions the coefficients obtained are typically difficult to interpret. We show how lower bounds on expenditure effects can be extracted, if the relationship between the assets and expenditure can be calibrated on an auxiliary data set.

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