A Monthly Dynamic Consumer Expenditure System for Germany with Different Kinds of Households
基于德国近期数据，估计了总体家庭和三种家庭类型的动态月度消费支出系统，发现总体家庭支持长期齐次性和对称性，但高收入工人样本拒绝可积性约束。
A dynamic monthly consumer expenditure system is estimated for an aggregate household and three household types using recent German data. The results tend to support the long-run restrictions of homogeneity and symmetry for the aggregate household, but only when short-run dynamics are modelled following the method of Anderson and Blundell. The required lags are short. However the results for the partiallydisaggregated data are markedly different; in particular the integrability restrictions can be rejected for the sample of high-income workers. Therefore contrary to the usual presumption, the less aggregated data seem more at variance with the restrictions of utility maximization.