Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/168062
Authors: 
Djuric, Uros
Neugart, Michael
Year of Publication: 
2017
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Monetary Policy and Consumption B06-V1
Abstract: 
We fielded a representative survey among the German population randomly assigning respondents to various unconventional monetary policy scenarios that raise household income. We find that in all policy treatments people spend almost 40% of the transfer. Spending shares are independent of whether the transfer is debt financed and provided by the government or provided by the central bank as "helicopter money".
JEL: 
E21
E52
E58
E63
Document Type: 
Conference Paper

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