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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12025 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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