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Activity Number: 182 - SPEED: Data Challenge
Type: Contributed
Date/Time: Monday, July 31, 2017 : 10:30 AM to 11:15 AM
Sponsor: Government Statistics Section
Abstract #325266
Title: CE-Based Consumer Expenditure Behaviors Study
Author(s): Zhicong Zhao* and Fuyuan Li
Companies: Mississippi State University and George Washington University
Keywords: Varying Coefficient Model ; Hump-shaped consumer expenditure ; Regression

In this study, we use varying coefficient model to describe the relationship between household age and hump-shaped consumer expenditure. To demonstrate the benefit of varying coefficient model, a comparison has been done with two traditional models via regression results and parameters visualization. This methodology is applied on, but not limited to, beef expenditure in pubile-use microdata.

Authors who are presenting talks have a * after their name.

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