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High-frequency spending responses to government transfer payments
Cooper, Daniel; Olivei, Giovanni P. - 2021 - This version: November 2021
This paper evaluates the marginal propensity to consume (MPC) out of the 2020 fiscal stimulus payments using high-frequency, transaction-level data for a sample of low-income cardholders, many of whom are unbanked. Consumers' MPC out of non-stimulus income and their MPC out of tax refunds are...
Persistent link: https://www.econbiz.de/10012705045
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A model of the concumption response to fiscal stimulus payments
Kaplan, Greg; Violante, Giovanni L. - 2011
Persistent link: https://www.econbiz.de/10009308103
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A Model of the Consumption Response to Fiscal Stimulus Payments
Kaplan, Greg - 2011
spent on nondurable household consumption in the quarter that they are received. To interpret this fact, we develop a … rebate episode yields consumption responses to fiscal stimulus payments that are in line with the evidence, and an order of …
Persistent link: https://www.econbiz.de/10013121052
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A model of the consumption response to fiscal stimulus payments
Kaplan, Greg; Violante, Giovanni L. - 2011
Persistent link: https://www.econbiz.de/10009348602
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A Model of the Consumption Response to Fiscal Stimulus Payments
Kaplan, Greg - 2011
spent on nondurable household consumption in the quarter that they are received. To interpret this fact, we develop a … rebate episode yields consumption responses to fiscal stimulus payments that are in line with the evidence, and an order of …
Persistent link: https://www.econbiz.de/10012461320
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Fiscal stimulus and debt burden : evidence from Thailand's first-car-buyer tax rebate program
Athiphat Muthitacharoen; Krislert Samphantharak; … - In: International tax and public finance 26 (2019) 6, pp. 1383-1415
Persistent link: https://www.econbiz.de/10012487544
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Do household finances constrain unconventional fiscal policy?
Baker, Scott; Küng, Lorenz; McGranahan, Leslie; … - 2018
stimulate aggregate demand. We investigate whether "unconventional" fiscal policy, in the form of pre-announced consumption tax …
Persistent link: https://www.econbiz.de/10011924732
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The Economic Stimulus Payments of 2008 and the aggregate demand for consumption
Broda, Christian M.; Parker, Jonathan A. - In: Journal of monetary economics 68 (2014), pp. 20-36
Persistent link: https://www.econbiz.de/10011290231
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Household spending out of a tax rebate : Italian "€80 tax bonus"
Neri, Andrea; Rondinelli, Concetta; Scoccianti, Filippo - 2017
We estimate the consumption response of Italian households to the "Euro80 tax bonus" intro-duced in 2014, using the … their monthly consumption of food and means of transportation by about Euro20 and Euro30, respectively, about 50-60 per cent … mechanism behind our results we then simulate an overlapping generations model of household consumption: the marginal propensity …
Persistent link: https://www.econbiz.de/10011719931
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The new Keynesian cross
Bilbiie, Florin Ovidiu - In: Journal of monetary economics 114 (2020), pp. 90-108
Persistent link: https://www.econbiz.de/10012494862