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International Evidence on Sticky Consumption Growth
Carroll, Christopher D. - 2008
We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10012464771
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The Sweet Life : The Long-Term Effects of a Sugar-Rich Early Childhood
Gertler, Paul J.; Gračner, Tadeja - National Bureau of Economic Research - 2022
We show that sugar-rich diet early in life has large adverse effects on the health and economic well-being of adults more than fifty years later. Excessive sugar intake early in life led to higher prevalence of chronic inflammation, diabetes, elevated cholesterol and arthritis. It also decreased...
Persistent link: https://www.econbiz.de/10013477292
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Price Discrimination and Mortgage Choice
Coen, Jamie; Kashyap, Anil K.; Rostom, May - National Bureau of Economic Research - 2023
We characterize the large number of mortgage offers for which people qualify in the United Kingdom. Very few pick the cheapest option, nonetheless the one selected is not usually noticeably more expensive. A few borrowers make very expensive choices. These are most common when the menu they face...
Persistent link: https://www.econbiz.de/10014372409
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The Effect of Macroeconomic Uncertainty on Household Spending
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - National Bureau of Economic Research - 2021
luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …
Persistent link: https://www.econbiz.de/10012496179
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The Potential use of In-home Scanner Technology for Budget Surveys
Leicester, Andrew - 2013
. There is clear evidence that short-term diaries do not accurately capture household food spending patterns given infrequency …
Persistent link: https://www.econbiz.de/10012459125
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Who Are the Hand-to-Mouth?
Aguiar, Mark A. - 2020
Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...
Persistent link: https://www.econbiz.de/10012479167
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The Rise of Niche Consumption
Neiman, Brent - 2019
Over the last 15 years, the typical household has increasingly concentrated its spending on a few preferred products … heterogeneous household demand and use it to conclude that increasing product variety drives these divergent trends. When more … care more about generating new customers. Surprisingly, our model matches the observed trends in household and aggregate …
Persistent link: https://www.econbiz.de/10012480080
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Household Debt Overhang Did Hardly Cause a Larger Spending Fall during the Financial Crisis in Australia
Svensson, Lars E. O. - National Bureau of Economic Research - 2021
"debt-financed overspending" hypothesis - that the correlation between high pre-crisis household indebtedness and subsequent …-financed overspending through what Muellbauer (2012) calls the "housing-collateral household demand" channel and Mian and Sufi (2018) the … "debt-driven household demand" channel …
Persistent link: https://www.econbiz.de/10012533325
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The Wealthy Hand-to-Mouth
Kaplan, Greg - 2014
accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and …
Persistent link: https://www.econbiz.de/10012458591
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Free to Choose? Reform and Demand Response in the English National Health Service
Gaynor, Martin - 2012
The impacts of choice in public services are controversial. We exploit a reform in the English National Health Service to assess the impact of relaxing constraints on patient choice. We estimate a demand model to evaluate whether increased choice increased demand elasticity faced by hospitals...
Persistent link: https://www.econbiz.de/10012460086