The ability to eat cheaper home-cooked meals more often might explain why people appear to spend less money after retirement.

A number of studies suggest that those who have retired spend significantly less money than those who are still working. This might imply that many people have insufficient savings for retirement. Using data from Spain, Maria Jose Luengo-Prado and Almudena Sevilla-Sanz take issue with this perspective. Noting that much of the reduction in spending is related to food expenditure, they […]


Book Review: Climate Policy after Copenhagen

Karsten Neuhoff’s compact contribution aims to scope the role of and recent experience with carbon pricing, and provides all the reasons why a global carbon pricing scheme is a truly formidable undertaking, finds Dominic Moran.   Climate Policy after Copenhagen. Karsten Neuhoff. Cambridge University Press. July 2011. Even before the recent climate negotiations started in Durban we were told to […]