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For those looking to design policies that mitigate the deleterious consequences of alcohol abuse, understanding how consumer demand for alcohol responds to changes in the local economic conditions is of great importance. We use high-frequency purchase data from a large panel of U.S. households...
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The paper discusses core characteristics of consumer and companies' behavior in Bulgaria after 2008. It analyzes the changes in the structure of economic growth in the country, income sources and the model of individual consumption of households, as well as the behavior of companies and their...
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