Data/hora: 04/06/2024 04:11:04

Provedor de dados: 	31	
País: 	United States	
Título: 	A Penny Saved: Prices and the Timing of Paycheck Receipt	
Autores: 	Beatty,   Timothy K.M.	
Data: 	2010-04-29	
Ano: 	2010	
Palavras-chave: 	Unit Values; Paycheck Timing; Permanent Income Hypothesis; Consumer/Household Economics; D91; E21.	
Resumo: 	This paper explores a puzzling empirical regularity: households pay less for foods as the time since receipt of their last paycheck increases. I leverage randomization with regard to paycheck timing to causally identify the effect of time since paycheck receipt on prices. Estimates of the decline in prices range between 5% and 6% percent, over the course of a month. I investigate several potential explanations for this behavior, including credit constraints and stockpiling. I find evidence that the effect is driven by low-income households and exacerbated by stockpiling behavior.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/61008	
Relação: 	Agricultural and Applied Economics Association&gt;2010 Annual Meeting, July 25-27, 2010, Denver, Colorado

Selected Paper

11254	
Formato: 	23