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Is there a 'heat-or-eat' trade-off in the UK?

Beatty, TKM and Blow, L and Crossley, TF (2014) 'Is there a 'heat-or-eat' trade-off in the UK?' Journal of the Royal Statistical Society. Series A: Statistics in Society, 177 (1). 281 - 294. ISSN 0964-1998

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Abstract

Summary: Do households cut back on food spending to finance the additional cost of keeping warm during spells of unseasonably cold weather? For households which cannot smooth consumption over time, we describe how cold weather shocks are equivalent to income shocks. We merge detailed household level expenditure data from older households with historical regional weather information. We find evidence that the poorest of older households cannot smooth fuel spending over the worst temperature shocks. Statistically significant reductions in food spending occur in response to winter temperatures 2 or more standard deviations colder than expected, which occur about 1 winter month in 40; reductions in food expenditure are considerably larger in poorer households. © 2013 Royal Statistical Society.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 10 Dec 2014 18:29
Last Modified: 17 Aug 2017 17:42
URI: http://repository.essex.ac.uk/id/eprint/12040

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