The Marginal Propensity to Consume Over the Business Cycle
收藏NBER2016-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22518
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资源简介：
This paper estimates how the marginal propensity to consume (MPC) varies over the business cycle by exploiting exogenous variation in credit card borrowing limits. Ten years after an individual declares Chapter 7 bankruptcy, the record of the bankruptcy is removed from her credit report, generating
提供机构：
美国国家经济研究局
创建时间：
2016-08-01
