Berger-Thomson, Laura; Chung, Elaine; McKibbin, Rebecca - Reserve Bank of Australia - 2009
analyse the effect of income tax changes. The marginal propensity to consume out of lump-sum transfers is estimated using … propensity to consume. Estimates are made by examining two types of policy changes – to income tax rates and lump-sum transfers … fixed effects and propensity score matching. In addition, the paper examines differences in the marginal propensity to …