Shopping around: how households adjusted food spending over the Great Recession

Rachel Griffith, Martin O'Connell and Kate Smith

No W15/29, IFS Working Papers from Institute for Fiscal Studies

Abstract: Over the Great Recession UK households reduced real food expenditure. We show that they were able to maintain the number of calories that they purchased, and the nutritional quality of these calories, by adjusting their shopping behaviour. We document the mechanisms that households used. We motivate our analysis with a model of shopping behaviour in which households adjust shopping effort and the characteristics of their shopping basket in response to economic shocks. We use detailed longitudinal data and focus on within household changes in basket characteristics and proxies for shopping effort.

Date: 2015-09-23
New Economics Papers: this item is included in nep-agr
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Related works:
Journal Article: Shopping Around: How Households Adjusted Food Spending Over the Great Recession (2016)
Working Paper: Shopping around? How households adjusted food spending over the Great Recession (2014)
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