Garbinti, Bertrand; Lamarche, Pierre; Lecanu, Charlélie; … - 2020
countries. We estimate the MPC based on a cross-country harmonized household level dataset which combines surveys on wealth …This paper studies the heterogeneity of the marginal propensity to consume out of wealth (MPC) both across and within … are very similar to those obtained on aggregate data and show substantial heterogeneity across countries. The wealth …