Food prices across the world rose dramatically between 2006 and 2008. The causes of the price rise were complex, and the event has led to heightened concerns regarding the implications of rising food prices on the prevalence of food insecurity and household welfare, particularly in developing...

This paper uses the Indian tariff reforms of the early nineties to estimate how households responded to the negative income shocks caused by the tariff decreases. Households more hurt by the tariff reform decreased overall expenditure, but the response is not uniform across food items. In...