| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9530 |
| DP9530 Consumption, Income Changes and Heterogeneity: Evidence from Two Fiscal Stimulus Programmes | |
| Paolo Surico; Kanishka Misra | |
| 发表日期 | 2013-06-30 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Almost half of American families did not adjust their consumption following receipt of the 2001 or 2008 tax rebates. Another 20%, with low income and more likely to rent, spent a small but significant amount. Households with large spending propensity held high mortgage debt. The heterogeneity is concentrated in a few non-durable categories and a handful of `new vehicle' purchases. The predictions of the heterogeneous response model appear far more accurate than their homogeneous response model counterparts, offering new insights on the evaluation of the two fiscal stimulus programmes. |
| 主题 | International Macroeconomics ; Public Economics |
| 关键词 | Fiscal policy Heterogeneity Stimulus payments |
| URL | https://cepr.org/publications/dp9530 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538366 |
| 推荐引用方式 GB/T 7714 | Paolo Surico,Kanishka Misra. DP9530 Consumption, Income Changes and Heterogeneity: Evidence from Two Fiscal Stimulus Programmes. 2013. |
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