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Private transfers can affect the spending response to stimulus payments, as those receiving income windfalls may …
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MPCs were directly elicited from a representative sample of UK adults in July 2020 using receipt of a hypothetical unanticipated, one-time income payment. Reported MPCs are modest, around 11% on average. They are higher, but still modest, for individuals in households with high current needs....
Persistent link: https://www.econbiz.de/10012612848
MPCs were directly elicited from a representative sample of UK adults in July 2020. Reported MPCs are low, around 11% on average. They are higher, but still modest, for individuals in households with high current needs. These low MPCs may be a consequence of the prevailing economic uncertainty....
Persistent link: https://www.econbiz.de/10012304942
almost as large as the fraction that report they would increase their spending. This means that targeting direct fiscal …
Persistent link: https://www.econbiz.de/10012427912
region. Its main thesis is that climate action does not consist solely or primarily of additional spending, but also requires …, agriculture, and ecosystem conservation, among others. Furthermore, climate action is closely linked to social spending since … social institutions. We find that responding to the climate crisis requires annual spending on the provision of …
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