Showing 1 - 10 of 9,648
quality of household food purchases using the National Household Food Acquisition and Purchase Survey (FoodAPS) and propensity … score matching. A healthy purchasing index (HPI) is used to measure nutritional quality of household food purchases. WIC … foods explain the improvement in quality of food purchases, not self-selection of more nutrition-conscious households into …
Persistent link: https://www.econbiz.de/10012480942
How much do calorie requirements vary across households and how do they affect food consumption patterns? Since caloric … intake is a widely-used indicator of poverty and welfare, investigating changes in caloric requirements and food consumption … consumption data to examine how caloric requirements coupled with household expenditures shape food demand. Our applications …
Persistent link: https://www.econbiz.de/10012456973
of Income Dynamics, and compare food expenditure by family type, holding constant household size, age composition and … food. We cannot reject the hypothesis that the effect of replacing a biological child with a non- biological child is the … disaggregate food consumption more finely, we find that when a child's biological mother is the head or spouse of the head of …
Persistent link: https://www.econbiz.de/10012471384
Theories of crime in economics focus on the roles of deterrence and incapacitation in reducing criminal activity. In addition to deterrence, a growing body of empirical evidence has shown that both income support and employment subsidies can play a role in crime reduction. This paper extends the...
Persistent link: https://www.econbiz.de/10015056129
This paper investigates consumer switching costs in the context of health insurance markets, where adverse selection is a potential concern. Though previous work has studied these phenomena in isolation, they interact in a way that directly impacts market outcomes and consumer welfare. Our...
Persistent link: https://www.econbiz.de/10012461200
In his famous monograph, Lucas (1987) put forth an argument that the welfare gains from reducing the volatility of aggregate consumption are negligible. Subsequent work that revisited Lucas' calculation continued to find only small benefits from reducing the volatility of consumption, further...
Persistent link: https://www.econbiz.de/10012468727
specification of a positive theory for why agents fail to optimize with respect to tax policies …
Persistent link: https://www.econbiz.de/10012463403
A representative-consumer model with Epstein-Zin-Weil preferences and i.i.d. shocks, including rare disasters, accords with key asset-pricing observations. If the coefficient of relative risk aversion equals 3-4, the model accords with observed equity premia and risk-free real interest rates. If...
Persistent link: https://www.econbiz.de/10012464956
The welfare gain to consumers from the introduction of personal computers is estimated here. A simple model of consumer demand is formulated that uses a slightly modified version of standard preferences. The modification permits marginal utility, and hence total utility, to be finite when the...
Persistent link: https://www.econbiz.de/10012465054
We propose a method to measure the welfare cost of economic fluctuations that does not require full specification of consumer preferences and instead uses asset prices. The method is based on the marginal cost of consumption fluctuations, the per unit benefit of a marginal reduction in...
Persistent link: https://www.econbiz.de/10012470758