Showing 1 - 10 of 57
Robust and reliable measures of consumer expenditures are essential for analyzing aggregate economic activity and for measuring differences in household circumstances. Many countries, including the United States, are embarking on ambitious projects to redesign surveys of consumer expenditures,...
Persistent link: https://www.econbiz.de/10014482097
We merge detailed household level expenditure data from older households with historical local weather information. We then test for a heat or eat trade off: do households cut back on food spending to finance the additional cost of keeping warm during cold shocks? For households who cannot...
Persistent link: https://www.econbiz.de/10009368411
A growing literature on inference in difference-in-differences (DiD) designs with grouped errors has been pessimistic about obtaining hypothesis tests of the correct size, particularly with few groups. We provide Monte Carlo evidence for three points: (i) it is possible to obtain tests of the...
Persistent link: https://www.econbiz.de/10010713903
type="main" xml:id="rssa12013-abs-0001" <title type="main">Summary</title> <p>Do households cut back on food spending to finance the additional cost of keeping warm during spells of unseasonably cold weather? For households which cannot smooth consumption over time, we describe how cold weather shocks are equivalent to...</p>
Persistent link: https://www.econbiz.de/10011037820
Government transfers to individuals are often given labels indicating that they are designed to support the consumption of particular goods. Standard economic theory implies that the labeling of cash transfers or cash-equivalents should have no effect on spending patterns. We study the UK Winter...
Persistent link: https://www.econbiz.de/10010931418
A growing literature on inference in difference-in-differences (DiD) designs with grouped errors has been pessimistic about obtaining hypothesis tests of the correct size, particularly with few groups. We provide Monte Carlo evidence for three points: (i) it is possible to obtain tests of the...
Persistent link: https://www.econbiz.de/10010328984
We merge detailed household level expenditure data from older households with historical local weather information. We then test for a heat or eat trade off: do houseolds cut back on food spending to finance the additional cost of keeping warm duing cold shocks? We find evidence that the poorest...
Persistent link: https://www.econbiz.de/10010330992
Standard economic theory implies that the labelling of cash transfers or cash-equivalents (e.g. child benefits, food stamps) should have no effect on spending patterns. The empirical literature to date does not contradict this proposition. We study the UK Winter Fuel Payment (WFP), a cash...
Persistent link: https://www.econbiz.de/10010331005
A substantial body of research on the UK's National Minimum Wage (NMW) has concluded that the the NMW has not had a detrimental effect on employment. This research has directly influenced, through the Low Pay Commission, the conduct of policy, including the subsequent introduction of the...
Persistent link: https://www.econbiz.de/10012059099
We merge detailed household level expenditure data from older households with historical local weather information. We then test for a heat or eat trade off: do households cut back on food spending to finance the additional cost of keeping warm during cold shocks? For households who cannot...
Persistent link: https://www.econbiz.de/10010500193