Consumer Spending During Unemployment: Positive and Normative Implications
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下载链接：
https://www.nber.org/papers/w25417
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资源简介：
Using de-identified bank account data, we show that spending drops sharply at the large and predictable decrease in income arising from the exhaustion of unemployment insurance (UI) benefits. We use the high-frequency response to a predictable income decline as a new test to distinguish between
提供机构：
美国国家经济研究局
创建时间：
2019-01-01
