Replication data for: The First of the Month Effect: Consumer Behavior and Store Responses
Principal Investigator(s): View help for Principal Investigator(s) Justine Hastings; Ebonya Washington
Version: View help for Version V1
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AEJPol2008-0139_data | 10/13/2019 06:15:AM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/13/2019 02:15:AM |
Project Citation:
Hastings, Justine, and Washington, Ebonya. Replication data for: The First of the Month Effect: Consumer Behavior and Store Responses. Nashville, TN: American Economic Association [publisher], 2010. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114731V1
Project Description
Summary:
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Previous research has demonstrated that benefit recipients decrease expenditures on, and consumption of, food throughout the benefit month. Using detailed grocery store scanner data, we ask two questions: whether cycling is due to a desire for variety that leads to within-month substitution across product quality, and whether cycling is driven by countercyclical retail pricing. We find that the decrease in food expenditures is largely driven by reductions in quantity, not quality, and that prices for foods purchased by benefit households vary pro-cyclically with demand, implying that households could save money by delaying their food purchases until later in the month. (JEL D12, I38)
Scope of Project
JEL Classification:
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D12 Consumer Economics: Empirical Analysis
I38 Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
D12 Consumer Economics: Empirical Analysis
I38 Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
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