Household Debt and the Dynamic Effects of Income Tax Changes

DOI10.1093/RESTUD/RDW021zbMath1471.91326OpenAlexW3123009758MaRDI QIDQ3382367

Paolo Surico, James S. Cloyne

Publication date: 21 September 2021

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1093/restud/rdw021

zbMATH Keywords

fiscal policyhousehold debtnarrative tax changes

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Consumer behavior, demand theory (91B42)

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Common and country specific factors in the distribution of real wages ⋮ How do income and the debt position of households propagate fiscal stimulus into consumption?

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