Dear all,
Today at
Applied Stats we will be hearing from Stefan Hoderlein (Harvard Economics) who will be speaking on "Consumer Demand and Welfare Estimation in a Heterogeneous Population." As per usual,
the talk will be held in
CGIS K354 at 12 noon and lunch will be served.
Abstract:
This is an overview about own recent econometric work related to the modeling of heterogeneity in applied consumer demand models. The focus will be on non-parametric random coefficient models. The main application will come from estimating gasoline demand;
in particular, estimating the distribution of welfare effects of a 5% gasoline price change.
I hope to see you all there!