التفاصيل البيبلوغرافية
| العنوان: |
Stimulus payments and private transfers |
| المؤلفون: |
Crossley, TF, Fisher, P, Levell, P, Low, H |
| بيانات النشر: |
University of Oxford |
| سنة النشر: |
2022 |
| المجموعة: |
Oxford University Research Archive (ORA) |
| الوصف: |
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. |
| نوع الوثيقة: |
report |
| اللغة: |
English |
| Relation: |
https://ora.ox.ac.uk/objects/uuid:e30b17e2-25b2-4eaa-9dfa-b651449aa59a |
| الاتاحة: |
https://ora.ox.ac.uk/objects/uuid:e30b17e2-25b2-4eaa-9dfa-b651449aa59a |
| Rights: |
info:eu-repo/semantics/openAccess |
| رقم الانضمام: |
edsbas.8E2251A0 |
| قاعدة البيانات: |
BASE |