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Registros recuperados: 14
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A Penny Saved: Prices and the Timing of Paycheck Receipt AgEcon
Beatty, Timothy K.M..
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 Palavras-chave: Unit Values; Paycheck Timing; Permanent Income Hypothesis; Consumer/Household Economics; D91; E21.
Ano: 2010 URL: http://purl.umn.edu/61008
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A Simple Lagrange Multiplier F-Test for Multivariate Regression Models AgEcon
Beatty, Timothy K.M.; LaFrance, Jeffrey T.; Yang, Muzhe.
This paper proposes a straightforward, easy to implement approximate F-test which is useful for testing restrictions in multivariate regression models. We derive the asymptotics for our test statistic and investigate its finite sample properties through a series of Monte Carlo experiments. Both theory suggests and simulations confirm that our approach will result in strictly better inference than the leading alternative
Tipo: Working or Discussion Paper Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2005 URL: http://purl.umn.edu/25074
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Aggregation Theory for Incomplete Systems AgEcon
LaFrance, Jeffrey T.; Beatty, Timothy K.M.; Pope, Rulon D..
Gorman's theory of demand is extended comprehensively to incomplete systems. The incomplete systems approach dramatically increases this class of models. The separate roles of symmetry and adding up are identified in the rank and the functional form of this class of models. We show that symmetry determines rank and the maximum rank is three. We show that adding up and 0o homogeneity determines the functional form and there is no functional form restriction for an incomplete system. We prove that every full rank system and reduced rank systems with a minimal level of degeneracy can be written as a polynomial in a single function of income. A complete set of closed form solutions for the indirect objective functions of this class of models is derived. A...
Tipo: Working or Discussion Paper Palavras-chave: Aggregation; Rank; Functional form; Integrability; Incomplete systems; Weak integrability; Demand and Price Analysis; D12; E21.
Ano: 2005 URL: http://purl.umn.edu/25033
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Building Gorman's Nest AgEcon
LaFrance, Jeffrey T.; Beatty, Timothy K.M.; Pope, Rulon D..
Gorman Engel curves are extended to incomplete systems. The roles of Slutsky symmetry and homogeneity/adding up are isolated in the rank and functional form restrictions for Gorman systems. Symmetry determines the rank condition. The maximum rank is three for incomplete and complete systems. Homogeneity/adding up determines the functional form restrictions in complete systems. There is no restriction on functional form in an incomplete system. Every full rank and minimal deficit reduced rank Gorman system has a representation as a polynomial in a single function of income. This generates a complete taxonomy of indirect preferences for Gorman systems. Using this taxonomy, we develop models of incomplete Gorman systems that nest rank and functional form and...
Tipo: Working or Discussion Paper Palavras-chave: Aggregation; Functional form; Gorman Engel curves; Incomplete demand systems; Rank; Weak integrability; Demand and Price Analysis; D12; E21.
Ano: 2004 URL: http://purl.umn.edu/25027
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Consumer Surplus Estimates and the Source of Regression Error AgEcon
Beatty, Timothy K.M.; Brozovic, Nicholas; Ward, Michael B..
Contrary to widely held belief, we show that the source of regression error does not matter when calculating Marshallian surplus. A misspecified demand curve, not the assumed source of regression error, leads to differences in estimates of consumer surplus.
Tipo: Conference Paper or Presentation Palavras-chave: Regression Error; Marshallian Surplus; Welfare Analysis; Consumer/Household Economics; D60; C24; Q51.
Ano: 2005 URL: http://purl.umn.edu/19477
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Expenditure response to increases in in-kind transfers: Evidence from the Supplemental Nutrition Assistance Program AgEcon
Beatty, Timothy K.M.; Tuttle, Charlotte.
This is the 50,000th paper submitted to AgEcon Search!
Tipo: Presentation Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Food Security and Poverty.
Ano: 2012 URL: http://purl.umn.edu/122873
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Food Secure In 30 Minutes or Less: The Relationship Between Time Use and Food Security AgEcon
Beatty, Timothy K.M.; Tuttle, Charlotte.
This paper examines the relationship between household food security status, SNAP participation, and time used in food preparation and acquisition. Using the American Time Use Survey linked with the Current Population Survey's Food Security Supplement, we find that food insecurity and SNAP participation are positive predictors of number of minutes single adult households use in food preparation. Meanwhile, SNAP participation is a negative predictor of food acquisition. Although these results do not imply a causal relationship, they do reveal reflect that food insecure households and households that participate in the SNAP program use time differently than food secure and non-participating households.
Tipo: Conference Paper or Presentation Palavras-chave: Food security; Time use; SNAP; Food Consumption/Nutrition/Food Safety; Food Security and Poverty.
Ano: 2011 URL: http://purl.umn.edu/103804
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Heat or Eat?: An empirical analysis of U.K. cold weather income support AgEcon
Beatty, Timothy K.M.; Blow, Laura; Crossley, Thomas.
Paper removed by author 10/14/10. An updated version will be posted soon.
Tipo: Conference Paper or Presentation Palavras-chave: Deprivation; Food Expenditure; Heat or Eat; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; D12; Q18.
Ano: 2009 URL: http://purl.umn.edu/51903
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INCOME ELASTICITY AND FUNCTIONAL FORM AgEcon
Beatty, Timothy K.M.; LaFrance, Jeffrey T..
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis.
Ano: 2004 URL: http://purl.umn.edu/15835
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The Scope of the Unit Value Problem AgEcon
Beatty, Timothy K.M..
This paper investigates the scope of the unit value problem in household level expenditure data. Specifically, to what extent do unit values and prices coincide. I test whether self-reported prices vary with covariates thought to be important in household demand behavior. In addition, I measure the expenditure elasticity of quality for 196 distinct food aggregates. Approximately half of the expenditure elasticities estimated are significantly different from zero, suggesting that unit values and prices do not coincide in most cases. Finally, a generalization of the standard quality demand regression is proposed, in which the expenditure elasticity of quality is allowed to vary over the range of total food expenditure. Some food aggregates display...
Tipo: Report Palavras-chave: Consumer/Household Economics.
Ano: 2007 URL: http://purl.umn.edu/6833
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Unit Values AgEcon
Beatty, Timothy K.M..
This paper investigates the scope of the unit value problem in household level expenditure survey data. I test whether self-reported prices vary with covariates thought to be important in household demand behavior. The paper then measures expenditure elasticity of quality for 196 different food aggregates. Approximately half of the expenditure elasticities estimated are significantly different from zero. Finally, a generalization of the standard quality demand regression is proposed, in which the expenditure elasticity of quality is allowed to vary over the range of total food expenditure. Some food aggregates display significant nonlinearities.
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2006 URL: http://purl.umn.edu/21108
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U.S. Demand for Food and Nutrition in the 20th Century AgEcon
Beatty, Timothy K.M.; LaFrance, Jeffrey T..
A great deal of research on farm and food policy and consumer choice focuses on the link between food consumption and nutrition. This paper presents and applies a new method to analyze the demand for food and nutrients, and consumer welfare. The foundation for this method is the recent extension of the Gorman class of exactly aggregable demand models to incomplete demand systems. The purposes of this approach are to derive and implement coherent, flexible empirical models of food and nutrient demand, to estimate the model parameters consistently with aggregate data, and to make inferences on the impacts of farm and food policy changes on food and nutrient demand and consumer welfare of those policies. We apply this framework to annual per capita U.S....
Tipo: Working or Discussion Paper Palavras-chave: Aggregation; Agricultural policy; Food demand; Gorman Systems of Demands; Nutrition; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety.
Ano: 2005 URL: http://purl.umn.edu/25105
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USING ENGEL CURVES TO ESTIMATE BIAS IN THE CANADIAN CPI AS A COST OF LIVING INDEX AgEcon
Beatty, Timothy K.M.; Larsen, Erling Roed.
Tipo: Working or Discussion Paper Palavras-chave: Consumer/Household Economics.
Ano: 2004 URL: http://purl.umn.edu/15836
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Zero Expenditures and Engel Curve Estimation AgEcon
Beatty, Timothy K.M..
Zeroes expenditure represent a difficulty in the analysis of household survey data. Zero expenditures are the result of two phenomena: nonconsumption and infrequency of purchase. Distinguishing between these types of zeroes is difficult in the kinds of data of interest to agricultural economists. This paper proposes a novel approach that yields less biased estimates of latent expenditure when the cause of the zeroes is unknown.
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2006 URL: http://purl.umn.edu/21052
Registros recuperados: 14
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