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The reaction of consumer spending and debt to tax rebates : evidence from consumer credit data

Agarwal, Sumit (contributor); Liu, Chunlin (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003727571

The reaction of consumer spending and debt to tax rebates : evidence from consumer credit data

Agarwal, Sumit (contributor); Liu, Chunlin (contributor); … - 2007

"We use a new panel dataset of credit card accounts to analyze how consumers responded to the 2001 federal income tax rebates. We estimate the monthly response of credit card payments, spending, and debt, exploiting the unique, randomized timing of the rebate disbursement. We find that on...

Persistent link: https://www.econbiz.de/10003729135

The reaction of consumer spending and debt to tax rebates : evidence from consumer credit data

Lusardi, Annamaria (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003651474

What do high-interest borrowers do with their tax rebate?

Bertrand, Marianne; Morse, Adair - In: The American economic review 99 (2009) 2, pp. 418-423

Persistent link: https://www.econbiz.de/10003854364

The reaction of consumer spending and debt to tax rebates : evidence from consumer credit data

Agarwal, Sumit; Liu, Chunlin; Souleles, Nicholas S. - In: Journal of political economy 115 (2007) 6, pp. 986-1019

Persistent link: https://www.econbiz.de/10003670890

The reaction of consumer spending and debt to tax rebates : evidence from consumer credit data

Agarwal, Sumit (contributor); Liu, Chunlin (contributor); … - 2007 - Rev.

We use a new panel dataset of credit card accounts to analyze how consumers responded to the 2001 federal income tax rebates. We estimate the monthly response of credit card payments, spending, and debt, exploiting the unique, randomized timing of the rebate disbursement. We find that on average...