We estimate US household monthly elasticities of demand for some of the more popular organic fruits. To our knowledge, this is the first US-wide, multi-year analysis of price and income elasticities for various organic fruits. We calculate elasticities of demand for low-income, middle class, and...

This study using the micro level data on households’ tourism expenditure, examines the level of impoverishment in India caused by tourism spending. The result shows that the mid-aged people were dragged into poverty due to tourism spending. Hindus are more prone to poverty due to tourism...

Studies employing micro price data to examine the extent of international goods market integration tend to find that borders imply arbitrage-impeding transaction costs, inducing market segmentation. Within monetary unions, these effects are found to be very minor though, at least when online...

We analyze whether the frequent use of credit lines is rational or influenced by behavioral traits of households. We consider the special case of Germany where credit lines on current accounts are available to 80% of the population. We document that the excessive usage of costly credit lines is...

We employ recent Survey of Consumer Finances (SCF) microdata from the US to analyze the impacts of confidence in one's own financial knowledge, confidence in the economy, and objective financial literacy on investment in risky financial assets (equity and bonds) on both the extensive and...

Gaps in welfare attainment between boys and girls in China have attractedinternational attention. In this paper demand analysis is used to try and uncoverthe factors which may be driving the emergence of these gender gaps.Drawing on household expenditure data from a poor (Sichuan) and rich...

We examine how household balance sheets and income statements interact to affect bankruptcy decisions following an exogenous income shock. For identification, we exploit government payments in one but not any other Canadian province that varied exogenously based on family size. Receiving a...

Worldwide, India has the highest number of people defecating in the open. In an attempt to reduce number of open defecation, a supply side initiative is underway. In 2014-2015, Government of India, constructed 8 million toilets. However, an important aspect for this supply-side initiative to...

This paper estimates the causal effect of reducing behavioral costs of participation in household waste recycling. We use panel data collected in three city districts in Cologne, Germany (n=1567), in one of which a curbside scheme replaced the traditional bring scheme between observations. Using...

In this paper I investigate the retirement-consumption puzzle in Italy for the period 2010-2016, using SHIW data. In order to address the endogeneity of the retirement decision, I estimate the effect of retirement by exploiting the exogeneity of pension eligibility in an instrumental variable...