We review different empirical approaches that researchers have taken to estimate how
consumption responds to income changes. We critically evaluate the empirical evidence on …

Monetary incentives can backfire while nonstandard interventions, such as framing, can be
effective in influencing behavior. I review the empirical evidence on these two sets of …

We provide a quantitative analysis of the trade-offs between health outcomes and the
distribution of economic outcomes associated with alternative policy responses to the …

Intertemporal tradeoffs play a key role in many personal decisions and policy questions. We
describe models of intertemporal choice, identify empirical regularities in choice, and pose …

We propose a methodology exploiting time diary data and “leisure Engel curves” to infer
quality changes across leisure activities and measure the effects on the marginal return to …

This article examines how product innovations led to inflation inequality in the United States
from 2004 to 2015. Using scanner data from the retail sector, I find that annual inflation for …

We use a novel retail panel with detailed transaction records to study the effect of the
Supplemental Nutrition Assistance Program (SNAP) on household spending. We use …

This paper investigates the role of the rise in services in the narrowing of gender gaps in
hours and wages in recent decades. We highlight the between-industry component of …

We propose a local measure of the relationship between parameter estimates and the
moments of the data they depend on. Our measure can be computed at negligible cost even …

We characterize the evolution of markups for consumer products in the United States from
2006 to 2019. We use detailed data on prices and quantities for products in more than 100 …