| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17058 |
| DP17058 Spending effects of child-related fiscal transfers | |
| Olga Goldfayn-Frank; Vivien Lewis; Nils Wehrhöfer | |
| 发表日期 | 2022-05-30 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | As part of Germany's fiscal response to the Covid-19 pandemic, parents received three payments totalling 450 euros per child. Randomization in the payment dates and daily scanner data allow us to identify the effects of these transfers on household spending. We find a significant but small spending effect of the first transfer, with an estimated marginal propensity to consume of about 12%. The effect is higher for low-income and liquidity-constrained households, and in areas with lower infection rates. The second and third payment failed to increase spending. Our results indicate that the child bonus was redistributive rather than stimulative. |
| 主题 | Public Economics |
| 关键词 | Child bonus Covid-19 Fiscal stimulus Household spending Marginal propensity to consume Pandemic Transfer |
| URL | https://cepr.org/publications/dp17058-0 |
| 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/546381 |
| 推荐引用方式 GB/T 7714 | Olga Goldfayn-Frank,Vivien Lewis,Nils Wehrhöfer. DP17058 Spending effects of child-related fiscal transfers. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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