We construct a tractable structural dynamic model of consumption, purchase and stocks by consumers for whom stockpiling is unobserved and for whom preferences are isolastic and affected by independent and identically distributed shocks.
Food purchases differ substantially across countries. We use detailed household level data from the US, France and the UK to (i) document these differences; (ii) estimate a demand system for food and nutrients, and (iii) simulate counterfactual choices if households faced prices and nutritional characteristics from other countries.
We evaluate the impact of a policing experiment that depenalized the possession of small quantities of cannabis in the London borough of Lambeth, on hospital admissions related to illicit drug use.
This paper considers whether households cut back on food spending to finance the additional cost of keeping warm during spells of unseasonably cold weather.
Event
16 December 2013 at 09:00<p>7 Ridgmount Street<br />London<br />WC1E 7AE</p>
The Institute for Fiscal Studies is holding a day of talks on issues in public economics of interest to undergraduates in economics and related disciplines.