Subjective Income Expectations and Household Debt Cycles
收藏NBER2024-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w32715
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资源简介：
Matched transaction-level, credit-registry, and survey-based data reveal that consumers on average form excessively high (low) income expectations relative to ex-post realizations after unexpected positive (negative) income shocks. These extrapolative income expectations lead consumers to increase
提供机构：
美国国家经济研究局
创建时间：
2024-07-01
