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Christmas economics : a sleigh ride

  • 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.

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Metadaten
Name:Göddeke, Anna
DOI:https://doi.org/10.1111/ecin.12356
ISSN:0095-2583
eISSN:1465-7295
Erschienen in:Economic inquiry
Publisher:Wiley-Blackwell
Place of publication:Oxford
Document Type:Article
Language:English
Year of Publication:2016
Volume:54
Pagenumber:5
First Page:1
Last Page:5
Dewey Decimal Classification:330 Wirtschaft
Open Access:Nein
Licence (German):License Logo  Lizenzbedingungen Wiley