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There is growing debate about whether consumer subsidies related to nutrition programs should be more flexible. Additional flexibility increases consumer welfare, but may hinder efforts towards achieving nutrition goals. We study how consumers would respond to subsidy designs with different...
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Does consumer sentiment change upon hearing news about fiscal budget deficit? Using U.S. consumer survey data from 1978 to 2018, we find consumer sentiment increases (decreases) significantly upon hearing favourable (unfavourable) fiscal deficit news. This effect is pervasive across our sample...
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Consumer spending accounts for 57% of EU gross domestic product (GDP), which makes European consumers key to stimulating growth in the European economy. Between 2008 and 2010, the volume of intra-EU trade in consumer products amounted to almost €1 trillion. In 2013, the European Commission...
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Although budgeting is widely considered a common method of managing household finances, surprisingly little is known about the budgeting process. Using a nationally-representative survey (N=3,826) of US adults, we examine budgeting behaviors and beliefs, including who budgets and why, how...
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