Abstract:
I study the effect of the length of the Christmas "shopping season" in the United States (traditionally, beginning the day after US Thanksgiving) on aggregate retail sales. I find a statistically significant increase in per-capita retail sales in November and December (combined) of approximately $6.50 per additional day over the relevant range. The implications of these finding are briefly discussed.
Keywords:Christmas; Retail; Shopping (search for similar items in EconPapers) JEL-codes:L81D12 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-acc Date: 2004-10-20, Revised 2004-10-20 View list of references
Published in Economic Letters, 89:3 (December 2005), pp. 317-322