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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23357 |
来源ID | Working Paper 23357 |
Consumption Inequality and the Frequency of Purchases | |
Olivier Coibion; Yuriy Gorodnichenko; Dmitri Koustas | |
发表日期 | 2017-05-01 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We document a decline in the frequency of shopping trips in the U.S. since 1980 and consider its implications for the measurement of consumption inequality. A decline in shopping frequency as households stock up on storable goods (i.e. inventory behavior) will lead to a rise in expenditure inequality when the latter is measured at high frequency, even when underlying consumption inequality is unchanged. We find that most of the recently documented rise in expenditure inequality in the U.S. since the 1980s can be accounted for by this phenomenon. Using detailed micro data on spending which we link to data on club/warehouse store openings, we directly attribute much of the reduced frequency of shopping trips to the rise in club/warehouse stores. |
主题 | Microeconomics ; Market Structure and Distribution ; Welfare and Collective Choice ; Macroeconomics ; Consumption and Investment |
URL | https://www.nber.org/papers/w23357 |
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/581031 |
推荐引用方式 GB/T 7714 | Olivier Coibion,Yuriy Gorodnichenko,Dmitri Koustas. Consumption Inequality and the Frequency of Purchases. 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 | ||
w23357.pdf(669KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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