Cambridge Working Papers in Economics (CWPE)
About this collection
Cambridge Working Papers in Economics (CWPE) is a new series of papers from the Faculty of Economics and the Department of Applied Economics. It supersedes the DAE Working Paper series.
Please note the Working Papers often represent early stages in the presentation of research findings, and should not be quoted without permission.
(c) All rights reserved.
(Faculty of Economics, 2018-11-12)Empirical demand models used for counterfactual predictions and welfare analysis must be rationalizable, i.e. theoretically consistent with utility maximization by heterogeneous consumers. We show that for binary choice ...
(Faculty of Economics, 2018-04-05)This paper concerns empirical measurement of Hicksian consumer welfare under intervalreported income. Bhattacharya (2015) has shown that for discrete choice, welfare distributions resulting from a hypothetical price-change ...
(Faculty of Economics, 2018-11-29)We consider nonlinear moment restriction semiparametric models where both the dimension of the parameter vector and the number of restrictions are divergent with sample size and an unknown smooth function is involved. We ...
(Faculty of Economics, 2018-10-23)We provide an estimator of the lower regression function and provide large sample properties for inference. We also propose a test of the hypothesis of positive expectation dependence and derive its limiting distribution ...