support@essaywritingexpert.org800 Word Essay (Not a report) on -“Research findings indicate that the way people spend vouchers is consistent with the predictions of standard economic theory and there is no evidence of a wider behavioural response.” -Discuss this statement by (a) applying relevant intermediate microeconomic theory and (b) referring to the evidence in the research literature See assignment brief for more details. I have already sourced the five references required to complete this. Harvard style referencing required.
Task Brief:
Task Details/Description:
- “Research findings indicate that the way people spend vouchers is consistent with
the predictions of standard economic theory and there is no evidence of a wider
behavioural response.”
- Discuss this statement by (a) applying relevant intermediate microeconomic theory
and (b) referring to the evidence in the research literature / references provided.
- 800-word essay minimum
Presentation Requirements
- This assessment requires you to write an essay – not a report. Therefore, it
should not include (a) heading/subheadings or (b) listing/bulleting of key point
- A formal, impersonal, and academic writing style is required. Avoid colloquial
language and writing in the first person singular ‘I’, and second person ‘you’.
- All essays must have an introductory paragraph, main body and a concluding
paragraph – But remember no subheadings.
- For example, avoid writing sentences such “In this essay I will….”
- Work will be refused if produced using ChatGPT or other AI Software.
- You must produce your own diagrams – either hand drawn or using
appropriate software. Any diagram cut and paste from a website or other
similar source will not be sufficient / valid.
References to help out:
-Abler, J. and Marklein, F. (2017). Fungibility, labels and consumption, Journal of
the European Association, Vol 15, pp. 99-127
– Beatty, T. and Tuttle, C. (2015) Expenditure responses to increases in In-Kind
transfers: Evidence from the Supplemental Nutrition Assistance Program.
American Journal of Agricultural Economics. 97(2), pp. 390-404
– Cunha, J. (2014) Testing Paternalism: Cash versus In-Kind Transfers. American
Economic Journal: Applied Economics, Vol. 6, No. 2, pp. 195-230
– Griffiths, R. von Hinke, S. and Smith S. (2018). Getting a healthy start: The
effectiveness of targeted benefits for improving dietary choices. Journal of
Health Economics, Vol 58, pp 176-187.
– Hoynes, H and Schanzenbach (2009). Consumption responses to in-kind
transfers: Evidence from the introduction of the food stamp program.” American
Economic Journal: Applied Economics 1(4), pp. 109-139
– Lusk, J and Weaver, A (2017). An experiment on cash and in-kind transfer with
application to food assistance programme. Food Policy, pp. 186-192
Lusk and Weaver (2017) Griffiths et al (2018) Beatty and Tuttle (2015) Task Brief