Dynamic binary outcome models with maximal heterogeneity (2009)
Browning, Martin, Carro, Jesus M.
Most econometric schemes to allow for heterogeneity in micro behaviour have two drawbacks: they do not fit the data and they rule out interesting economic models. In this paper we consider the time...
University and The Empirical Evaluation of Labour Market Programmes Conference (2008)
Marianne Simonsen, Stefan Bender, Martin Browning, Nabanita Datta Gupta, Michael Lechner, Helena S. Nielsen, ...
Government Studies We estimate the effect of motherhood on wages using matching. We distinguish between net and direct effects. The net effect includes the total wage costs, whereas the direct...
Revealed preference analysis of characteristics models. (2008)
Laura Blow, Martin Browning, Ian Crawford
Characteristics models have been found to be useful in many areas of economics. However, their empirical implementation tends to rely heavily on functional form assumptions. In this paper we develop...
Audra J. Bowlus, Jean-marc Robin, Richard Blundell, Martin Browning, Peter Gottschalk, Robert Moffitt, ...
In this paper, we compare and contrast earnings inequality and mobility across the
Inferring Labor Income Risk From Economic Choices: An Indirect Inference Approach (2008)
Fatih Guveneny, Anthony Smithz Preliminary, Incomplete Comments Welcome, Richard Blundell, Martin Browning, Raj Chetty, ...
This paper sheds light on the nature of labor income risk by exploiting the information contained in the joint dynamics of households’labor earnings and consumption-choice decisions. In particular,...
Crime, Punishment, and Social Expenditure (2007)
Jean-pierre Benoit, Martin J. Osborne, Ted Bergstrom, Dan Bernhardt, Martin Browning, Curtis Eaton, ...
Criminal activity can be controlled by punishment, and by social expenditure both on enforcement and redistributive transfers which increase the opportunity cost of imprisonment. Individuals may...
Martin Browning, Arthur Lewbel
How much income would a woman living alone require to attain the same standard of living that she would have if she were married? What percentage of a married couple's expenditures are...
A nonparametric characteristics model of the demand for milk (2005)
Andersen, Laura M., Blow, Laura, Browning, Martin, Crawford, Ian
Characteristics models in demand analysis capture the idea that people value goods not For the commodity itself but for the characteristics (or attributes) or embodied in the good. For example,...
Alderman, Harold, Allen, Robert, Allingham, Michael, Altavilla, Carlo, Altenburg, Lutz, Anand, Paul, ...
Revealed preference analysis of characteristics models (2005)
Blow, Laura, Browning, Martin, Crawford, Ian
Characteristics models have been found to be useful in many areas of economics. However, their empirical implementation tends to rely heavily on functional form assumptions. In this paper we develop...
Alderman, Harold, Allen, Robert, Allingham, Michael, Altavilla, Carlo, Altenburg, Lutz, Anand, Paul, ...
Browning , Martin, Chiappori , Pierre-André, Lewbel, Arthur
How much income would a woman living alone require to attain the same standard of living that she would have if she were married? What percentage of a married couple's expenditures are controlled by...
Martin Browning, Eskil Heinesen
We employ a regression-discontinuity design to identify effects on educational attainment (years of education) of class size and the number of pupils per weekly teacher hour using administrative...
We present a novel structural estimation procedure that is based on simulating expectation errors; we refer to it as Synthetic Residual Estimation (SRE). We develop variants of the basic procedure...
Nonparametric Engel curves and revealed preference (2003)
Richard Blundell, Martin Browning, Ian Crawford
This paper applies revealed preference theory to the nonparametric statistical analysis of consumer demand. Knowledge of expansion paths is shown to improve the power of nonparametric tests of...
The Life-Cycle Model of Consumption and Saving (2001)
Martin Browning, Thomas F. Crossley, Martin Browning, Alan Krueger, Brad De Long, ...
¤ This paper was prepared for inclusion in a symposium on saving and consumption in the Journal of Economic Perspectives. The authors thank, without implication, Timothy
Rules of thumb versus dynamic programming (1999)
Harald Uhlig, Laurence Baker, Patrick Bolton, Martin Browning, Georg Kirchsteiger, ...
This paper studies decision-making with rules of thumb in the context of dynamic decision problems and compares it to dynamic programming. A rule is a fixed mapping from a subset of states into...
Asset pricing with idiosyncratic risk and overlapping generations (1999)
Kjetil Storesletten, Y Chris Telmer, Amir Yaron X, Geert Bekaert, David Bowman, ...
Anumber of existing studies have concluded that risk sharing allocations supported by competitive, incomplete markets equilibria are quantitatively close to rst-best. Equilibrium asset prices in...
Asset Pricing with Idiosyncratic Risk and Overlapping Generations (1999)
Kjetil Storesletten, Chris Telmer, Amir Yaron, Geert Bekaert, David Bowman, ...
A number of existing studies have concluded that risk sharing allocations supported by competitive, incomplete markets equilibria are quantitatively close to #rst-best. Equilibrium asset prices in...
Unemployment insurance benefit levels and consumption charges (1999)
Browning, Martin, Crossley, Thomas
We use a Canadian survey of the unemployed to examine how household expenditures after a job loss respond to the level of income replacement provided by UI. We isolate a liquidity constraint or...
Browning, Martin, Crossley, Thomas
We present theoretical and empirical results on consumption during an unemployment spell. The theory model extends the conventional intertemporal allocation model to take explicit account of the fact...
Income and Outcomes: A Structural Model of Intrahousehold Allocation.
Browning, Martin, Francois Bourguignon, Pierre-Andre Chiappori, Valerie Lechene
There is evidence that one cannot treat many-person households as a single decisionmaker. If so, then factors such as the relative incomes of the household members may affect the final allocation...
Luxuries Are Easier to Postpone: A Proof
Martin Browning, Thomas F. Crossley
We show that (Marshallian) income elasticities are proportional to (Frisch) own price elasticities if all goods are additively separable. This implies that luxuries are likely to be easier to...
Consumption over the Life Cycle and over the Business Cycle
Orazio P. Attanasio, Martin Browning
The main aim of this paper is to assess the validity of the life cycle model of consumption. In particular, we address an issue that has recently received much attention, especially in the...
Distributional effects in household models: separate spheres and income pooling
Martin Browning, Pierre André Chiappori, Valérie Lechene
We derive distributional effects for a non-cooperative alternative to the unitary model of household behaviour. We consider the Nash equilibria of a voluntary contributions to public goods game. Our...
Gender Bias in India: Parental Preferences or Marriage Costs?
Martin Browning, Ramesh Subramaniam
This paper presents an analysis of gender effects in intra-household allocation of resources among children over the life-cycle in India. We present a simple three-period model that considers two...
A Simple Nonadditive Preference Structure for Models of Household Behavior over Time.
Intertemporal separability is an almost universal assumption in empirical work on household behavior, but a good deal of recent work on consumption and labor supply suggest that it may not be...
Best Nonparametric Bounds on Demand Responses
Richard Blundell, Martin Browning, Ian Crawford
This paper uses revealed preference inequalities to provide the tightest possible (best) nonparametric bounds on predicted consumer responses to price changes using consumer-level data over a finite...
Consumption by couples rises sharply in the beginning and falls later in life; the causes of the early rise are hotly contested. Among the suggestions are rule of thumb behavior, demographics,...
Dynamic binary outcome models with maximal heterogeneity
Martin Browning, Jesus M. Carro
Most econometric schemes to allow for heterogeneity in micro behaviour have two drawbacks: they do not fit the data and they rule out interesting economic models. In this paper we consider the time...
Are two cheap, noisy measures better than one expensive, accurate one?
Martin Browning, Thomas Crossley
1. Survey responses are always subject to measurement error. In general surveys (and especially longitudinal surveys), there are severe constraints on the time that can be spent eliciting a less...
Laura Blow, Martin Browning, Mette Ejrnæs
We examine theoretically and empirically consumption over the early part of the life-cycle. The main focus is on the transition from being single to living with someone else. Our theoretical model...
The distribution of financial well-being and income within the household
Relative income, Well-being, Happiness, Intra-household allocation, Unitary models, D13, D60, D63, I31,
Dynamic Binary Outcome Models with Maximal Heterogeneity
Martin Browning, Jesus M. Carro
Most econometric schemes to allow for heterogeneity in micro behaviour have two drawbacks: they do not fit the data and they rule out interesting economic models. In this paper we consider the time...
Pooling of Income and Sharing of Consumption within Households
There are extensive literatures within economics and economic psychology on the allocation of household income within the household. These two literatures are largely disjoint but both use a concept...
Efficient Intra-Household Allocations and Distribution Factors: Implications and Identification
FRANÇOIS BOURGUIGNON, MARTIN BROWNING, PIERRE-ANDRÉ CHIAPPORI
This paper provides an exhaustive characterization of testability and identifiability issues in the collective framework in the absence of price variation; it thus provides a theoretical underpinning...
Intra Household Allocation of Consumption: A Model and some Evidence from French Data
François Bourguignon, Martin Browning, Pierre-André Chiappori, Valérie Lechene
Dynamic binary outcome models with maximal heterogeneity
Martin Browning, Jesus M. Carro
Most econometric schemes to allow for heterogeneity in micro behaviour have two drawbacks: they do not fit the data and they rule out interesting economic models. In this paper we consider the time...
Allocation within the household: direct survey evidence
We report on a new diary based expenditure survey that for the first time collects direct information on the allocation of all expenditures to different members of the household. The most important...
Pooling of income and sharing of consumption within households
There are extensive literatures within economics and economic psychology on the allocation of household income within the household. These two literatures are largely disjoint but both use a concept...
Martin Browning, Laura Blow, Mette Ejrnaes
We examine theoretically and empirically consumption over the early part of the life-cycle. The main focus is on the transition from being single to living with someone else. Our theoretical model...