Rural to urban migration is an integral part of the development process, but there is little evidence on how out-migration …) a decrease in the price of non-tradables like prepared food and tea. Seasonal migration subsidies not only generate …

housing net worth on household expenditures during the Great Recession. Their widely-cited estimates are based on proprietary … specification on our data, we obtain values for the elasticity of expenditures to the housing net worth shock that are virtually … conclusions about the separate roles of house prices and initial housing exposure/leverage for the drop in expenditures. Moreover …

commodity groups. Consumption is a distributed lag function of expenditures, and the utility function is additively separable in … each commodity group, expected change in expenditures is correlated neither with past expenditure changes on other …

Mankiw [1982] explores the Permanent Income Hypothesis implication that durable expenditures follow an ARMA(1 …,1) representation. He finds that durable expenditures are represented by an AR(1) process which implies that the rate of depreciation of …

We implement a randomized experiment offering Salvadoran migrants matching funds for educational remittances, which are … expenditures, higher private school attendance, and lower labor supply of youths in El Salvador households connected to migrant …, educational expenditures increase by $3.72. We find no shifting of expenditures away from other students, and no effect on …

We study the impacts on remittances of offering migrants temporary discounts on remittance transaction fees. We … weeks after expiration of the discount. We find no evidence that the discounts cause migrants to shift remittances from … other remittance channels, or to send remittances on behalf of other migrants. These findings are consistent with naïveté on …