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Publication types
Consumption and demand
Consumption and demand   Research in this area aims to understand the behaviour of consumers - their choice of which goods and services to purchase, the sensitivity of their decisions to changes in prices, the interdependence of decisions made by firms and those made by consumers and the implications of all these factors for government policy and for the wider economy.

Past research at the IFS has made substantial contributions to the understanding of these topics. Ongoing areas of interest include household consumption and how it changes over the lifecycle; the modelling of demand; behavioural economics and rationality; the measurement of consumption and expenditure; consumer and firm behaviour in the food market; the construction of price indices and the distributional impact of inflation.

Much of this research looks at the effects of taxation and pricing on the demand for legal drugs, as well as work on the decriminalisation of illegal drugs.
Research in this area looks at how much households save, spend and borrow at different stages in the life-cycle.
Research in this area evaluates different survey methods.
Research in this area can help us to build better models of consumer behaviour and to achieve a better understanding of the impact of policy changes on people's wellbeing.
Research in this area investigates how households allocate their budgets and in particular involves developing an understanding of consumer responses to price changes.
Research in this area looks at how consumers respond to changes in these taxes.
Research in this area looks into ways that inflation measures are calculated and the variation in households' own individual inflation experiences.
Research in this area involves investigating how consumers respond to changes in prices, or tax rates for different food products, as well as how their purchasing decisions are influenced by public health campaigns or their exposure to marketing.