Consumer Durables and Inertial Behaviour: Estimation and Aggregation of (S, s) Rules for Automobile Purchases

By O. Attanasio. 2000

119 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/34d84895761271713e9fd8031700a97dddcccd2b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Marketing

Citations in the corpus

A Dynamic Model of Housing Demand: Estimation and Policy Implications (2010, methodology): “The process for income includes an age component, a cohort e¤ect, household random e¤ects, and an AR(1) error disturbance:”
The Spending and Debt Response to Minimum Wage Hikes (2012, unknown): “35See also Attanasio (2000) and Bertola, Guiso, and Pistaferri (2005) for more evidence.”
Dynamic Economics: Quantitative Methods and Applications (2003, background): “Attanasio (2000) develops a more elaborate estimation strategy for these bands, allowing for unobserved heterogeneity at the individual level.”
Durable-goods oligopoly with secondary markets: the case of automobiles (2007, background): “Finally, Eberly (1994) and Attanasio (2000) consider (s, S) models of automobile demand in which idiosyncratic shocks lead consumers to change their stock of cars.”
Uncertainty and Consumer Durables Adjustment (2005, methodology): “When u(¢; ¢) is homothetic, (2) implies that the optimal ratio of durable to nondurable consumption is a function z(¢) of the user cost,”
Likelihood Estimation for Censored Random Vectors (2005, background): “…August 2004; Accepted April 2005 Address correspondence to Wendelin Schnedler, Department of Economics, Alfred-WeberInstitut, University of Heidelberg, Grabengasse 14, 69117 Heidelberg, Germany; E-mail: wendelin.schnedler@awi.uni-heidelberg.de (for a recent example see Attanasio, 2000).”
Peer-to-Peer Rental Markets in the Sharing Economy (2015, background): “The availability fractions of many users suggests a pattern of usage reflective of combining personal driving with marketplace supply from time-to-time.”
Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy (2010, unknown): “…non-convex adjustment costs are more plausible, as they lead to infrequent adjustment, and explain why durable goods are not replaced all the time – the seminal paper is Grossman and Laroque (1990) – applications are Eberly (1994), Attanasio (2000) and Bertola, Guiso and Pistaferri (2005).”
Consumption Commitments and Risk Preferences (2007, unknown): “Empirical evidence shows that households follow (S,s) policies for goods that involve adjustment costs [Eberly 1994; Attanasio 2000; Martin 2003], suggesting that violations of assumptions A1 or A2, if any, are not large enough to cause deviations from the intuitive (S,s) policy in practice.”
The Costs of Environmental Regulation in a Concentrated Industry (2012, methodology): “I also make a contribution to the investment literature by applying a generalized (S, s) model, in the tradition of Scarf (1959) and built on the econometric model of Attanasio (2000), to a dynamic investment game.”