@article{BirgGoeddeke2016,
  author    = {Birg, Laura and Goeddeke, Anna},
  title     = {Christmas economics : a sleigh ride},
  journal   = {Economic inquiry},
  volume    = {54},
  number    = {4},
  issn      = {0095-2583},
  doi       = {10.1111/ecin.12356},
  institution = {ESB Business School},
  pages     = {1980 -- 1984},
  year      = {2016},
  abstract  = {This article reviews the literature on Christmas economics. First, we present an overall picture of the debate on the potential welfare loss of gift-giving and we show strategies that reduce the potential welfare loss and might increase the number of presents received. Second, we discuss the effect of Christmas on prices and the business cycle. We provide evidence that at Christmas stock prices and airfares increase, while food prices decrease.},
  language  = {en}
}