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

DOI10.1016/J.JEDC.2022.104456OpenAlexW4281782969MaRDI QIDQ2097978

Sebastian K. Rüth, Camilla Simon

Publication date: 17 November 2022

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

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

zbMATH Keywords

credit spreadhousehold incomehousehold debtconsumption crowding-ingovernment spending shockSVAR-IV

Mathematics Subject Classification ID

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

Cites Work

• Bootstrapping autoregressions with conditional heteroskedasticity of unknown form
• FISCAL STIMULUS WITH LEARNING‐BY‐DOING
• SYSTEMATIC MONETARY POLICY AND THE MACROECONOMIC EFFECTS OF SHIFTS IN RESIDENTIAL LOAN‐TO‐VALUE RATIOS
• Household Debt and the Dynamic Effects of Income Tax Changes
• The Analytics of SVARs: A Unified Framework to Measure Fiscal Multipliers
• The Role of Automatic Stabilizers in the U.S. Business Cycle
• Marginal Tax Rates and Income: New Time Series Evidence*
• An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
• Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach*

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