The Economic Stimulus Payments of 2008 and the aggregate demand for consumption
Households in the Nielsen Consumer Panel were surveyed about their 2008 Economic Stimulus Payment. In estimates identified by the randomized timing of disbursement, the average household׳s spending rose by 10 percent the week it received a Payment and remained high cumulating to 1.5–3.8 percent of s...
Main Authors: | , |
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Other Authors: | |
Format: | Article |
Language: | en_US |
Published: |
Elsevier
2015
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Online Access: | http://hdl.handle.net/1721.1/99114 https://orcid.org/0000-0001-5441-6296 |