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Conspicuous Consumption and Race
Charles, Kerwin Kofi - 2007
differences, we emphasize instead a model of status seeking in which conspicuous consumption is used to reflect a household …
Persistent link: https://www.econbiz.de/10012465258
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The Effect of Stock Ownership on Individual Spending and Loyalty
Medina, Paolina C.; Mittal, Vrinda; Pagel, Michaela - National Bureau of Economic Research - 2021
holdings of that brand by Robinhood brokerage clients. Finally, we present survey evidence to argue that loyalty is the … drives brand loyalty, which is an intangible asset that leads to lower firm cash flow volatility …
Persistent link: https://www.econbiz.de/10012482694
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Do Firms Use Coupons and In-store Discounts to Strategically Market Experience Goods Over the Consumption Life-Cycle? The Case of Cigarettes
Sfekas, Andrew - 2013
Cigarettes are experience goods - most of their utility value only gets revealed when one consumes them. We hypothesize a three phase consumer life cycle for experience goods. Consumers initially do not know their utility from the good or their preferences for particular characteristics, and may...
Persistent link: https://www.econbiz.de/10012459352
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Platform as a Rule Maker : Evidence from Airbnb's Cancellation Policies
Jia, Jian; Jin, Ginger Zhe; Wagman, Liad - National Bureau of Economic Research - 2021
Digital platforms are not only match-making intermediaries but also establish internal rules that govern all users in their ecosystems. To better understand the governing role of platforms, we study two Airbnb pro-guest rules that pertain to guest and host cancellations, using data on Airbnb and...
Persistent link: https://www.econbiz.de/10012585362
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Consumer Reviews and Regulation : Evidence from NYC Restaurants
Farronato, Chiara; Zervas, Georgios - National Bureau of Economic Research - 2022
We investigate the informativeness of hygiene signals in online reviews, and their effect on consumer choice and restaurant hygiene. We first extract signals of hygiene from Yelp. Among all dimensions that regulators monitor through mandated restaurant inspections, we find that reviews are more...
Persistent link: https://www.econbiz.de/10012938684
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Information Spillovers in Experience Goods Competition
Chen, Zhuoqiong; Stanton, Christopher T.; Thomas, Catherine - National Bureau of Economic Research - 2021
When experience goods compete, consuming one product can be informative about value for similar untried products. We study a two-period model of duopoly competition in markets that have this feature and where firms can price discriminate between consumers based on purchasing history. Price...
Persistent link: https://www.econbiz.de/10012496138
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When Incentives Backfire : Spillover Effects in Food Choice
Angelucci, Manuela - 2015
How do peers influence the impact of incentives? Despite much work on incentives, little is known about the spillover effects of incentives. We investigate two mechanisms by which these effects can occur: through peers' actions and peers' incentives. In a field experiment on snack choice (grapes...
Persistent link: https://www.econbiz.de/10012457187
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Global Supply Chain Pressures, International Trade, and Inflation
Di Giovanni, Julian; Kalemli-Ozcan, Sebnem; Silva, Álvaro - National Bureau of Economic Research - 2022
We study the impact of the Covid-19 pandemic on Euro Area inflation and how it compares to the experiences of other countries, such as the United States, over the two-year period 2020-21. Our model-based calibration exercises deliver four key results: 1) Compositional effects - the switch from...
Persistent link: https://www.econbiz.de/10013334457
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Spillovers in Public Benefit Enrollment : How does Expanding Public Health Insurance for Working-Age Adults affect Future Health Insurance Choices?
Bundorf, M. Kate; McInerney, Melissa; Simon, Kosali … - National Bureau of Economic Research - 2024
Enrollment in one public benefit program often affects enrollment in others. We study life-course spillovers by examining how access to publicly subsidized health insurance prior to age 65 affects public benefit choices at the age of Medicare eligibility. We use administrative data to examine...
Persistent link: https://www.econbiz.de/10014635638
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Is the Impact of Health Shocks Cushioned by Socioeconomic Status? The Case of Low Birthweight
Currie, Janet - 1999
, and health status using data from the National Child Development Study. The study has followed the cohort of children born … and socio-economic status (SES), asking to what extent the deleterious effects of LBW are mitigated by higher SES. We find … that LBW has significant long-term effects on self-reported health status, educational attainments, and labor market …
Persistent link: https://www.econbiz.de/10012471801