How do income and the debt position of households propagate fiscal stimulus into consumption?

DOI10.1016/J.JEDC.2022.104456MaRDI QIDQ2097978zbMATH OpenOpenAlexFDO

Authors Sebastian K. Rüth, C. Simon

Publication date 17 November 2022

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2022.104456

zbMATH Keywords

consumption crowding-incredit spreadgovernment spending shockhousehold debthousehold incomeSVAR-IV

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Recommendations

• Can fiscal spending stimulate private consumption?
• A Model of the Consumption Response to Fiscal Stimulus Payments
• Household debt and the dynamic effects of income tax changes
• Can government spending increase private consumption? the role of complementarity
• Fiscal stimulus with learning-by-doing

Cites work

• An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
• Bootstrapping autoregressions with conditional heteroskedasticity of unknown form
• Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach*
• Fiscal stimulus with learning-by-doing
• Household debt and the dynamic effects of income tax changes
• Marginal tax rates and income: new time series evidence
• Systematic monetary policy and the macroeconomic effects of shifts in residential loan-to-value ratios
• The analytics of SVARs: a unified framework to measure fiscal multipliers
• The role of automatic stabilizers in the U.S. business cycle

Cited in

(3)

• Household debt and the dynamic effects of income tax changes
• Do households with debt cut back their consumption more? New evidence from the United Kingdom
• Household debt and the effects of fiscal policy

This page was built for publication: How do income and the debt position of households propagate fiscal stimulus into consumption?

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2097978)