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Author:Stephens, M. Jr.
Title:Paycheque receipt and the timing of consumption
Journal:Economic Journal
2006 : JUL, VOL. 116:513, p. 680-701
Index terms:consumption
pay
united kingdom
Freeterms:pay cheque
Language:eng
Abstract:This article discusses the consumption response to monthly paycheque. receipt. The ammoint and arrival date of pay cheques is known in advance, the receipt of a paycheque does not coincide with the receipt of new information. The authors use data from UK family expenditure survey. Results cannot be explained by underlying monthly expenditure fluctuations common to all households.
SCIMA record nr: 262779
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