Purpose – The purpose of this paper is to provide a thorough analysis of meat demand in China and predict future trends in meat consumption. Design/methodology/approach – Expenditure as well as Marshallian and Hicksian demand elasticities of various meats in China are evaluated using the...

In order to be healthy, people need essential amino acids, carbohydrates, essential fatty acids and not less than 28 vitamins and minerals. The fish is a healthy protein source with a special nutritional value, rich in essential nutrients: proteins, amino acids, vitamins A, B6, B12, D, and...

Despite enormous changes in factors affecting milk supply and demand, total fluid milk consumption has been essentially constant since 1944 in the U.S. (since 1961 in the E.U.). Classical economic analysis cannot explain persistently constant consumption in dramatically changing markets....

We examine the river sharing problem with a novel focus on implementing efficient outcomes. We introduce a class of two-stage games in which agents first announce desired levels of consumption and then bargain over monetary compensations. An outside observer with partial information connects the...

We document relevant racial differences in the degree consumption insurance against shocks: Blacks appear to be less insured. We probe these results by performing a double/debiased lasso estimation of the treatment effects of a health shock, and we find that such effects are both larger and more...

To analyze the effectiveness of stabilization policies which includes effects on households future income it is central to account for anticipation effects on consumption. We investigate this using high-frequency spending and balance sheet data from a major Danish bank. We examine the behavior...

Unique administrative data on a representative population's cognitive abilities, spending, and financials reveal that consumers at or below median cognitive abilities barely react when their incentives to spend or borrow change, even if they earn high incomes and are financially unconstrained...

We study the redistributive effects of inflation combining administrative bank data with an information provision experiment during an episode of historic inflation. On average, households are well-informed about prevailing inflation and are concerned about its impact on their wealth; yet, while...

Using representative household surveys conducted during the COVID-19 pandemic in two emerging economies, Thailand and Vietnam, we examine the relationship between inflation expectations and consumption. In both countries, our results show an insignificant relationship between expected inflation...