search query: @indexterm DISCOUNT RATE / total: 136
reference: 9 / 136
Author: | Shapiro, J. M. |
Title: | Is there a daily discount rate? Evidence from the food stamp nutrition cycle |
Journal: | Journal of Public Economics
2005 : FEB, VOL. 89:2-3, p. 303-325 |
Index terms: | Discount rate Food subsidies |
Language: | eng |
Abstract: | This article examines whether consumers discount their daily utilities. This implication is tested using data on the nutritional intake of food stamp recipients. The results show that caloric intake declines by 10 to 15 per cent over the food stamp month, indicating a considerable preference for immediate consumption. |
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