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Significance of simultaneity BIAS in local retail shop belonging to a big retail chain

This question follows from the previous question on multiplicative BIAS in cross-price elasticity, but I think it deserves its own space. I have scanner data from a small store branch belonging to a ...
Athaeneus's user avatar
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3 votes
1 answer
93 views

Elasticity of substitution by regression: Biased results (simulation)

I have the following simulation problem: Consumers, whose utility I know, go shopping for two goods. However, prices differ each time they visit a shop. Therefore, these consumers always purchase ...
Athaeneus's user avatar
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2 votes
0 answers
88 views

How to read/estimate Demand System on data

I have difficulties understanding the concept of Almost Ideal Demand System or, most probably, I have a problem of how to perform microeconomic estimates from data, in general... So my data look like ...
Athaeneus's user avatar
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2 votes
1 answer
126 views

Complements/substitutes estimation from data (Slutsky matrix)

Estimation of complements/substitutes by Slutsky matrix from observable data Hello everyone, I was curious about the following problem: I can observe price $P_i$ of $n$ goods and the amount of goods $...
Athaeneus's user avatar
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1 vote
2 answers
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Companies database with strange negative values, are they reasonable from an economic point of view?

I have a dataset of US firms (around 6500 in total) containing time series of: Sales (191 negative observations corresponding to 0.0351% of total observations) Liabilities (70 negative observations ...
Barbab's user avatar
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1 vote
0 answers
25 views

where can I download financial statements (or financial data) for firms in many industries in one shot?

I'm interested in doing some empirical analysis of firm's financial statements (such as asset, working capital, operating cost, etc) for many firms across industries over the past few years. Where can ...
ExcitedSnail's user avatar
1 vote
0 answers
26 views

where can I find store-level cost data for retail Chains like Walmart, QFC, Target, Kmart, etc?

I wanna do some empirical analysis of the retail chains. Where can I find store-level cost data (such as operating cost, etc.) for retail Chains like Walmart, QFC, Target, Kmart, etc? Thanks!
ExcitedSnail's user avatar
1 vote
1 answer
78 views

Dif-in-Dif aggregating or not?

If I have data that is on some level, say industry-county-year, and a certain treatment, say a regulation change in some states in certain years. Is it possible to run a Dif-in-Dif on the industry-...
ArOk's user avatar
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2 votes
1 answer
330 views

Why is imputed rental income for owner-occupied housing included in the measurement of household income?

In the National Income Dynamics Study in South Africa, total household income is measured by totalling labour income, government income, investment income, capital income, agricultural income, ...
ahorn's user avatar
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2 votes
1 answer
140 views

Can I treat pooled cross-section as panel data and do regression analysis?

I work with a large survey data that is pooled cross-section, i.e, people interviewed are randomly chosen in each time period. This is not panel data. But, I aggregate the individual cells according ...
user23955's user avatar
2 votes
1 answer
126 views

How to predict income n years after graduation using income dataset with age, but not graduation year?

I'm trying to predict the income of graduates of certain Master's programs n years after graduation, using the American Community Survey individual level dataset to calibrate my equation. It gives me ...
Aidan O'Gara's user avatar
2 votes
2 answers
109 views

Should I construct balanced data with only necessary variables or unbalanced data with many potentially usable variables?

When I construct panel data from large household surveys (say, World Bank's Living Standard Measurement Surveys), I try to construct data set with as many potentially usable variables as possible. ...
Satoko's user avatar
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2 votes
0 answers
118 views

Employment coding in the SIPP

The US Census Bureau's survey of income and program participation (SIPP) has, among others, the following variables: epdtbhn: Paid job during the reference period <...
FooBar's user avatar
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1 vote
1 answer
112 views

Using a Logit model to predict unknown outcome

Usually when fitting a logit or probit model to data, one has a dependent binary outcome variable (say, university attendance = [0, 1]) and the usual set of independent variables (for the sake of it, ...
eigenvector's user avatar
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Some issues with HRS (Health and Retirement Study) data

I am using the 1992 HRS (Health and Retirement Study) dataset. The codebook is available at http://hrsonline.isr.umich.edu/modules/meta/1992/core/codebook/14_h1.htm I am trying to construct the share ...
MarkTi's user avatar
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1 vote
0 answers
30 views

Analyse the data of two responses while having two different scales

I am working on data analysis these days and stuck on analysis when I have to compare the two kinds of responses. First, I have data on the self assessment, I have asked students to rate them on a ...
Amna Naveed's user avatar
7 votes
1 answer
610 views

Selecting the best utility function for households

I have little to no background in micro, but I'm learning about utility functions. It seems that there are many forms of utility functions for households. In general terms, how does one go on to ...
StatsScared's user avatar
1 vote
0 answers
54 views

Why is the current WDI missing CPI data for some countries (including the UK and China)?

I'm downloading data on inflation in different countries, and using the World Bank's World Development Indicators (WDI). Specifically, the Consumer Price Index series (CPI). (http://data.worldbank.org/...
herfa's user avatar
  • 11
2 votes
1 answer
23 views

Where can I find data related to foreign remittances? [closed]

I am doing research related to remittances, where can i find a good source of data? Thanks
Sven's user avatar
  • 61
5 votes
2 answers
135 views

How come the average studio rent in Vietnam is bigger than the average salary?

A studio in Ho Chi Minh city center : roughly 500 USD/month Average salary in Vietnam : 300 USD/month I have noticed the same thing in other "poor" countries : a studio rent is so expensive compared ...
Thomas's user avatar
  • 153
1 vote
1 answer
103 views

Causes of interlocking directorship connections between firms

I need to interpret some empirical results telling me that firms (intended as profit-maximising entities) prefer to be controlled (e.g. through interlocking directorships) by smaller and less ...
Star's user avatar
  • 436
6 votes
2 answers
2k views

Why do so many models assume homothetic preferences?

...when Engels Law, backed by a good amount empirical evidence, demonstrates that overall consumer preferences are not homothetic. See for example, Jorgenson (1997)
StatsScared's user avatar
8 votes
1 answer
20k views

In simple terms: what are the implications of homothetic and nonhomothetic consumer preferences?

I am looking for a simple explanation of the implication of having homothetic/nonhomethetic preferences in relation to consumers' preferences when consuming goods.
StatsScared's user avatar
7 votes
1 answer
116 views

What are good dataset alternatives to estimate value functions?

Suppose we want to estimate for many goods in the economy (or classifications thereof) the preferences of each household for these goods. We may want to restrict the analysis to specific utility ...
HRSE's user avatar
  • 1,862
4 votes
1 answer
46 views

Longitudinal microdata on house migration patterns

I am looking for a database that has longitudinal microdata for housing migration patterns. Optimistically, the data would look something like: In 2006, Person #2341 made $X, was Y years old, and ...
Raj's user avatar
  • 41
4 votes
1 answer
74 views

Distribution of firm sizes and firm age

What are public sources for US firm/plant sizes, in order to characterize the firm size distribution? And what are stylized facts about the firm size distribution: What does it approximate to? ...
FooBar's user avatar
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