search query: @freeterm pay cheque / total: 1
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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. |
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