CES Panel Dynamics: A Discrete-Time Flow-Adjustment Model

  • Lester D. Taylor


In Chapter 4, it was noted that the design of the ongoing CES surveys incorporates a semi-panel feature, in that, following recruitment, households remain in the survey for four successive quarters. A household that was recruited, say, for the first quarter of a year will provide expenditure data for all four quarters of that year before exiting; a household that is recruited in the second quarter of the same year will provide expenditure data for the second, third, and fourth quarters of that year, plus the first quarter of the next year, before exiting; and so on and so forth. In each of the quarterly surveys, there will thus be some households for which data are available not only for the current quarter, but for as many as three preceding quarters.


Total Expenditure Quantile Regression Price Elasticity Income Elasticity Durable Good 
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Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of ArizonaTucsonUSA

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