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- W2567500628 abstract "This study provides first field evidence on the effect of financial resources on real economic decisions. A sudden increase in inventory costs tightens consumption budgets in a population of self-employed vendors of a Big Issue-type “street paper”. After the budget shock, vendors become more responsive to expected demand in their stock-up decisions, and increase their inventory turnover. The timing of the behavior changes is consistent with the tightening budget having a causal impact on vendors’ decisions. My findings suggest that binding budget constraints are unlikely to drive the results, indicating that cognition-related factors may be important in explaining the economic decisions of those who have little." @default.
- W2567500628 created "2017-01-06" @default.
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- W2567500628 date "2016-01-01" @default.
- W2567500628 modified "2023-09-27" @default.
- W2567500628 title "Street Smart Economic Decision-Making Among Urban Street Dwellers" @default.
- W2567500628 doi "https://doi.org/10.2139/ssrn.2891336" @default.
- W2567500628 hasPublicationYear "2016" @default.
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