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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23920 |
来源ID | Working Paper 23920 |
Reported Effects vs. Revealed-Preference Estimates: Evidence from the propensity to spend tax rebates | |
Jonathan A. Parker; Nicholas S. Souleles | |
发表日期 | 2017-10-16 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We evaluate the consistency of two methods for estimating the effect of an economic policy: i) asking people how the policy caused them to change their behavior (reported effects); ii) inferring this change using data on behavior and differences in treatment across people (revealed-preference estimates). Both methods are widely used to measure spending caused by increases in liquidity. Using Federal stimulus payments disbursed quasi-randomly in 2008, we find larger revealed-preference estimates of spending propensities for households who report greater spending responses, and the methods produce similar average propensities. But evidence is mixed on the relationship between spending propensities and liquidity. |
主题 | Other ; History of Economic Thought ; Econometrics ; Estimation Methods ; Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Fiscal Policy ; Public Economics ; Taxation |
URL | https://www.nber.org/papers/w23920 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581593 |
推荐引用方式 GB/T 7714 | Jonathan A. Parker,Nicholas S. Souleles. Reported Effects vs. Revealed-Preference Estimates: Evidence from the propensity to spend tax rebates. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23920.pdf(326KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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