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-in-diff methodology, we find substantial increases in spending on covered goods during these holidays that are not offset by declines in … either spending on other goods or spending before or after the holidays. These spending responses are larger among households …
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We use detailed information from U.S. consumers' credit card purchases to provide the first large scale description of … the geography of consumption. We find that consumers' mobility is quite limited and document significant heterogeneity in …
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spending response is stronger for consumers with higher credit card debt, lower FICO score, and shorter tenure with the bank …. The effect manifests in long-term, durable goods spending, and is not driven by other weather conditions, complementarity … seasonal and non-seasonal goods and during times with high and low sunshine levels. Finally, the sunshine effect occurs among …
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consumption decrease among individuals in immediately adjacent buildings, nor for consumers with diminished post-event social ties …
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We provide the first cross-sectoral description of local consumption markets. Detailed credit card data show consumers …, establishment density, and establishment size differentially across sectors. Consumers' spatial behavior appears important for …
Persistent link: https://www.econbiz.de/10012455066