Spending Less After (Seemingly) Bad News
收藏NBER2020-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27010
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资源简介：
Using high-frequency spending data, we show that household consumption displays excess sensitivity to salient macro-economic news, even when the news is not real. When the announced local unemployment rate reaches a 12-month maximum, local news coverage of unemployment increases and local consumers
提供机构：
美国国家经济研究局
创建时间：
2020-04-01
