Latent Heterogeneity in the Marginal Propensity to Consume
收藏NBER2024-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w32523
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资源简介：
We estimate the unconditional distribution of the marginal propensity to consume (MPC) using clustering regression applied to the 2008 economic stimulus payments. By deviating from the standard approach of estimating MPC heterogeneity using interactions with observables, we can recover the full
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美国国家经济研究局创建时间：
2024-06-01
