Template-Type: ReDIF-Paper 1.0
Title: Aggregation under structural stability: the change in consumption of a heterogeneous population 
Author-Name: Werner Hildenbrand
Author-Name: Alois Kneip 
Author-Email: 
Classification-JEL: D11, D12, E21 
Keywords: 
Abstract: It is shown how one can effectively use cross-section data in modelling the change over time in aggregate consumption expenditure of a 
	heterogeneous population. The starting point of our aggregation analysis is a dynamic behavioral relation on the household level. Based on certain 
	hypotheses on the evolution of the distribution of income and household characteristics we derive explanatory variables for the change in 
	aggregate consumption expenditure which are quite different from the explanatory variables on the household level. It is shown that U.K. Family Expenditure 
	Data support our theoretical model for aggregate consumption. 
Note: 
Length: 31
Creation-Date: 2002-01	
Revision-Date: 
File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonedp/bgse4_2002.pdf
File-Format: application/pdf
Handle: RePEc:bon:bonedp:bgse4_2002