Although the internet has greatly reduced the travel frictions that consumers face, for many goods and services, consumers’ willingness to travel is still a key factor influencing firms’ decisions. This column explores consumer mobility and purchases using credit card transaction data. Predictably, consumers travel further for more durable and less frequently consumed goods. The results suggest that consumer mobility may be relevant at the individual level and in the formation of local equilibrium outcomes.
Most Read
-
Zilibotti, Müller, Storesletten
-
Keywood, Baten
-
Lindé, Trabandt
-
Edwards
-
Fishback
-
Eichengreen, O'Rourke
-
Eichengreen
-
De Grauwe, Ji
-
Heldring, Robinson
-
Heckman, LaFontaine
Vox eBooks
Don't Miss
Petralia, Philippon, Rice, Véron
Labhard, McAdam, Petroulakis, Vivian
Events
-
12 - 14 December 2019 / National University of Singapore (NUS) / National University of Singapore (NUS)
-
16 - 17 December 2019 / Frankfurt am Main / European Central Bank
-
16 - 17 December 2019 / Brussels / Université Libre de Bruxelles (ULB)
-
8 - 8 January 2020 / Amsterdam / SUERF and DNB
-
18 - 19 January 2020 / University of Warwick, Coventry / University of Warwick
CEPR Policy Research
-
Gobillon, Solignac
-
Giglio, Maggiori, Stroebel, Weber
-
Summers, Fatás
-
Favero, Galasso
-
Butt, Churm, McMahon, Morotz, Schanz
-
Eichengreen, Avgouleas, Poiares Maduro, Panizza, Portes, Weder di Mauro, Wyplosz, Zettelmeyer
-
Baldwin, Beck, Bénassy-Quéré, Blanchard, Corsetti, De Grauwe, den Haan, Giavazzi, Gros, Kalemli-Ozcan, Micossi, Papaioannou, Pesenti, Pissarides , Tabellini, Weder di Mauro
-
Baldwin, Nakatomi
-
Thimann
-
Goodhart, Perotti