{"id":1963,"date":"2023-02-20T14:39:14","date_gmt":"2023-02-20T13:39:14","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-fr\/events\/df-lunch-seminar-consumption-smoothing-via-product-markets\/"},"modified":"2023-02-20T14:39:14","modified_gmt":"2023-02-20T13:39:14","slug":"df-lunch-seminar-consumption-smoothing-via-product-markets","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-fr\/events\/df-lunch-seminar-consumption-smoothing-via-product-markets\/","title":{"rendered":"DF Lunch Seminar: Consumption Smoothing via Product Markets"},"content":{"rendered":"

Abstract:<\/i><\/p>

We study changes in households\u2019 shopping behavior as an alternative mechanism for coping with financial shocks in smoothing consumption. Our results show that in financial downturns, households become more conscious about prices, such that they shop more from discount stores, purchase more products that they perceive as deals, and use more coupons in their shopping. We also show that discount stores steal market share from high-end stores during financially stressful times without any significant change in their prices. Our results indicate that product markets are crucial in smoothing consumption, especially when borrowing is not a feasible option.<\/p>

This event is Supported by the Luxembourg National Research Fund (2022\/17573036)<\/i><\/p>

\n \n\"\"\n <\/figure>

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Please Register Here<\/a> to attend the event .\u00a0<\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"

Abstract:We study changes in households\u2019 shopping behavior as an alternative mechanism for coping with financial shocks in smoothing consumption. Our results show that in financial downturns, households become more conscious about prices, such that they shop more from discount stores, purchase more products that they perceive as deals, and use more coupons in their shopping. We also show that discount stores steal market share from high-end stores during financially stressful times without any significant change in their prices. Our results indicate that product markets are crucial in smoothing consumption, especially when borrowing is not a feasible option.This event is Supported by the Luxembourg National Research Fund (2022\/17573036)<\/p>\n","protected":false},"author":0,"featured_media":1964,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2023-03-09 12:15:00","event_end_date":"2023-03-09 13:30:00","event_speaker_name":"Prof. Irem Demirci - Nova School of Business and Economics","event_speaker_link":"","event_is_online":false,"event_location":"","event_street":"","event_location_link":"","event_zip_code":"","event_city":"","event_country":"LU"},"events-topic":[301],"events-type":[],"organisation":[115,100],"authorship":[],"acf":[],"yoast_head":"\nDF Lunch Seminar: Consumption Smoothing via Product Markets - FDEF I Uni.lu<\/title>\n<meta name=\"description\" content=\"Abstract:We study changes in households\u2019 shopping behavior as an alternative mechanism for coping with financial shocks in smoothing consumption. 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Our results indicate that product markets are crucial in smoothing consumption, especially when borrowing is not a feasible option.This event is Supported by the Luxembourg National Research Fund (2022\/17573036)\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/fdef-fr\/events\/df-lunch-seminar-consumption-smoothing-via-product-markets\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DF Lunch Seminar: Consumption Smoothing via Product Markets\" \/>\n<meta property=\"og:description\" content=\"Abstract:We study changes in households\u2019 shopping behavior as an alternative mechanism for coping with financial shocks in smoothing consumption. 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