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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.
SCIMA record nr: 257142
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