In this paper, we test the existence of the direct influence of other available alternatives on the consumer's utility. By using the dataset from the specially designed experiment on individuals' choices of red wines we show that characteristics of other products in the choice set directly...

In this paper we study the effect of television exposure on fertility. We exploit a natural experiment that took place in Germany after WWII. For topographical reasons, Western TV programs, which promoted one/no child families, could not be received in certain parts of East Germany. Using an IV...

In the paper, we make an attempt to estimate the size of informal economy on the base of micro-data. Two main approaches are described and compared. They are implemented on the base of an RLMS sample for 2012. The first method, called single equation approach, is based on the specific category...

We conduct a narrow replication of Browning and Collado (Journal of Applied Econometrics 2007; 22(3): 625-640). They estimate a linear panel AR(1) version of an Engel curve for six consumption composites using iterated GMM. We find that the coefficient estimates and standard errors differ from the...

The People's Postcode Lottery in the United Kingdom randomly awards a British postcode weekly with £30.000 and with 3 million pounds every month, distributed among all the households that play the lottery within the postcode. We analyze the effects of living in an awarded postcode of the...

This paper investigates the presence and strength of internal and external habit formation in consumption, using monthly household data. The habit hypothesis is used to explain empirical regularities in macroeconomics and finance. Empirical studies based on aggregate data (macro-evidence) leave...

This paper examines the direct and moderating effects of pro-environmental consumption on subjective well-being and tests whether this type of decision could be explained as a utility-maximizing choice under welfare economics, or it is subject to systematic deviations using three waves (2014,...

I study how individual preferences and bargaining power within couples affects the impact of the Supplemental Nutrition Assistance Program (SNAP). Using longitudinal Homescan data, I find that wives have stronger preferences for SNAP-eligible food than husbands, and that household demand...

Using the 2012 China Household Finance Survey, this study finds that happiness in China is positively associated with expenditures on status and social goods, not with spending that focuses on improving one's material well-being. It also demonstrates that government-led demolition can be a...

Recent advances in the collective model literature suggest ways to estimate the complete allocation of resources within households, using assignable goods and assuming adult preference similarity across demographic groups (or across spouses). While it makes welfare analysis at the individual...