Durables and Size-Dependence in the Marginal Propensity to Spend
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下载链接：
https://www.nber.org/papers/w32080
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资源简介：
Stimulus checks have become an increasingly important policy tool in recent U.S. recessions. How does the households' marginal propensity to spend (MPX) vary as checks become larger? To quantify this size-dependence in the MPX, we augment a canonical model of durable spending by introducing a smooth
提供机构：
美国国家经济研究局
创建时间：
2024-01-01
