For those looking to design policies that mitigate the deleterious consequences of alcohol abuse, understanding how consumer demand for alcohol responds to changes in the local economic conditions is of great importance. We use high-frequency purchase data from a large panel of U.S. households...

In this paper, we investigate to what extent and in what ways conditions related to the recession of 2007-2008 reduced fatal crashes. We hypothesize that the reduction in fatal automobile accidents operates through both the quantity of driving and changes in behaviors associated with driving....