Stimulus payments and private transfers

Private transfers can affect the spending response to stimulus payments, as those receiving income windfalls may transfer resources to other households in greater financial need. We report a survey experiment where individuals were asked how they would respond to a £500 payment, with a rand...

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Bibliographic Details
Main Authors: Crossley, TF, Fisher, P, Levell, P, Low, H
Format: Working paper
Language:English
Published: University of Oxford 2022