Professor Thomas F. Crossley

The Canadian federal tax reform of 1988 replaced a spousal tax exemption with a non-refundable tax credit.

This paper asks whether job seekers use short-term jobs to finance consumptoin while searching for other employment.

We study a unique data set that collects recall and diary data from the same households.

We estimate a collective household model with survey data on financial satisfaction from the European Community Household Panel.

We present a new class of social cost-of-living indices and a nonparametric framework for estimating these and other social cost-of-living indices.

This paper shows that a power utility specification of preferences over total expenditure (ie. CRRA preferences) implies that intratemporal demands are in the PIGL/PIGLOG class.

Job losers exhibit significant heterogeneity in wealth holdings and in the marginal propensity to consume transitory income.

We show that as household size increases, households substitute away from prepared foods and towards ingredients.

The family investment hypothesis predicts that credit-constrained immigrant families adopt a strategy for financing post-migration human capital investment in which the “primary worker” engages in investment activities and the other partner undertakes activities that finance consumption.

In many research areas it is desirable to have information on household total expenditure (‘consumption’).

Between 1970 and 1986, all Canadian provinces introduced some version of a prescription drug subsidy for those aged 65 years or over and since 1986, all the provinces have increased copayments or deductibles to some degree.

The use of self-assessed health status (SAHS) as a measure of health is common in empirical research.

A central implication of life-cycle models is that agents smooth consumption. We review the empirical evidence on smoothing at frequencies from within the year up to across a lifetime.

This paper was prepared for inclusion in a symposium on saving and consumption in the Journal of Economic Perspectives.