G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12025
DP12025 Asymmetric Consumption Effects of Transitory Income Shocks
Tullio Jappelli; Dimitris Christelis; Dimitris Georgarakos; Maarten Van Rooij; Luigi Pistaferri
发表日期2017-05-06
出版年2017
语种英语
摘要We use the responses of a representative sample of Dutch households to survey questions that ask how much they would consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in response to an unexpected, transitory, and negative income change. The questionnaire distinguishes between relatively small income changes (a one-month increase or drop in income), and relatively larger ones (equal to three months of income). The results are broadly in line with models of intertemporal choice with precautionary saving, borrowing constraints, and finite horizons.
主题Macroeconomics and Growth ; Monetary Economics and Fluctuations
关键词Transitory income shocks Positive and negative income shocks Marginal propensity
URLhttps://cepr.org/publications/dp12025
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/540837
推荐引用方式
GB/T 7714
Tullio Jappelli,Dimitris Christelis,Dimitris Georgarakos,et al. DP12025 Asymmetric Consumption Effects of Transitory Income Shocks. 2017.
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