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- Title
Shopping Around: How Households Adjusted Food Spending Over the Great Recession.
- Authors
Griffith, Rachel; O'Connell, Martin; Smith, Kate
- Abstract
Over the Great Recession, UK households reduced real food expenditure. We show that they were able to maintain the number of calories that they purchased, and the nutritional quality of these calories, by adjusting their shopping behaviour. We document the mechanisms that households used. We motivate our analysis with a model of shopping behaviour in which households adjust shopping effort and the characteristics of their shopping basket in response to economic shocks. We use detailed longitudinal data and focus on within-household changes in basket characteristics and proxies for shopping effort.
- Subjects
UNITED Kingdom; GROCERY shopping; GREAT Recession, 2008-2013; HOUSEHOLD budgets; COST of living; ECONOMIC conditions in Great Britain, 1997-; CONSUMER behavior; ECONOMICS
- Publication
Economica, 2016, Vol 83, Issue 330, p247
- ISSN
0013-0427
- Publication type
Article
- DOI
10.1111/ecca.12166