Workshop· Torino
Orazio Attanasio (Yale) – The Puzzle of Household Economies of Scale in Consumption: A Reassessment of Theory and Evidence
This is an economics seminar in which Orazio Attanasio (Yale) presents work reexamining the Deaton-Paxson puzzle—why per-capita food expenditure falls as household size increases, contrary to what standard theory about economies of scale in consumption predicts.