Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/254260 
Erscheinungsjahr: 
2022
Schriftenreihe/Nr.: 
IFS Working paper No. W22/10
Verlag: 
Institute for Fiscal Studies (IFS), London
Zusammenfassung: 
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 randomly selected subset of individuals explicitly told that all households would receive the same payments (a 'public windfall' scenario). This additional information increased MPCs by 11%. Reported transfer intentions in response to windfalls suggest that public payments crowd out private transfers, partly accounting for the higher MPCs in the public windfall case.
Schlagwörter: 
spending
transfers
MPCs
survey experiment
JEL: 
D12
D14
E21
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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