全球智库信息集成服务系统(G2TT): Impulsive Consumption and Financial Wellbeing: Evidence from an Increase in the Availability of Alcohol

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来源类型	Working Paper
规范类型	报告
DOI	10.3386/w23211
来源ID	Working Paper 23211
	Impulsive Consumption and Financial Wellbeing: Evidence from an Increase in the Availability of Alcohol
	Itzhak Ben-David; Marieke Bos
发表日期	2017-03-06
出版年	2017
语种	英语
摘要	Increased availability of alcohol may harm individuals if they have present-focused preferences and consume more than initially planned. Using a nationwide experiment in Sweden, we study the credit behavior of low-income households around the expansion of liquor stores' operating hours on Saturdays. Consistent with store closures serving as commitment devices, the policy led to higher credit demand, more default, increased dependence on welfare, and higher crime on Saturdays. The effects are concentrated among the young population due to higher alcohol consumption combined with tight liquidity constraints. The policy's impact on indebtedness is estimated at 4.5 times the expenditure on alcohol.
主题	Microeconomics ; Behavioral Economics ; Households and Firms ; Health, Education, and Welfare ; Health ; Industrial Organization ; Regulatory Economics ; Industry Studies
URL	https://www.nber.org/papers/w23211
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/580885
推荐引用方式 GB/T 7714	Itzhak Ben-David,Marieke Bos. Impulsive Consumption and Financial Wellbeing: Evidence from an Increase in the Availability of Alcohol. 2017.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w23211.pdf（577KB）	智库出版物		限制开放	CC BY-NC-SA	浏览