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The Reaction of Consumer Spending and Debt to Tax Rebates -- Evidence from Consumer Credit Data

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NBER2007-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13694
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资源简介:
We use a new panel dataset of credit card accounts to analyze how consumers responded to the 2001 Federal income tax rebates. We estimate the monthly response of credit card payments, spending, and debt, exploiting the unique, randomized timing of the rebate disbursement. We find that, on average,
提供机构:
美国国家经济研究局
创建时间:
2007-12-01
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