Hsieh, Chang-Tai; Shimizutani, Satoshi; Hori, Masahiro - In: Journal of Public Economics 94 (2010) 7-8, pp. 523-529
In March 1999, 31Â million "shopping coupons" worth 20,000Â yen each were distributed to Japanese families with children and to the elderly. The coupons expired after six months and could only be used within the recipient's local community. We use variation in the number of children across...
