Please use this identifier to cite or link to this item: https://hdl.handle.net/10620/17147
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dc.contributor.authorChung, L-
dc.contributor.authorMcKibbin, R-
dc.contributor.authorBerger-Thomson, L-
dc.date.accessioned2019-04-13T03:32:49Zen
dc.date.accessioned2011-04-21T01:26:34Zen
dc.date.available2011-04-21T01:26:34Zen
dc.date.issued2009-11-21-
dc.identifier.urihttps://hdl.handle.net/10620/17147en
dc.identifier.urihttp://hdl.handle.net/10620/3245en
dc.description.abstractThis paper uses micro data from the Household, Income and Labour Dynamics in Australia Survey to estimate the marginal propensity to consume. Estimates are made by examining two types of policy changes – to income tax rates and lump-sum transfers – which help to identify the effect of shocks to income on consumption. A standard Euler equation for consumption is used to analyse the effect of income tax changes. The marginal propensity to consume out of lump-sum transfers is estimated using fixed effects and propensity score matching. In addition, the paper examines differences in the marginal propensity to consume across households according to measures of liquidity constraints and unemployment risks.en
dc.subjectFinanceen
dc.subjectFinance -- Expenditure and constraints on expenditureen
dc.titleEstimating Marginal Propensities to Consume in Australia Using Micro Dataen
dc.typeReports and technical papersen
dc.identifier.urlhttps://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-07.pdfen
dc.identifier.surveyHILDAen
dc.description.urlhttp://www.melbourneinstitute.com.hildaen
dc.description.institutionReserve bank of Australiaen
dc.title.reportReserve bank of Australia Discussion Paperen
dc.identifier.rishttp://flosse.dss.gov.au//ris.php?id=3501en
dc.description.keywordsHILDAen
dc.description.keywordspanel dataen
dc.description.keywordsmarginal propensity to consumeen
dc.description.pages38en
dc.title.seriesResearch Discussion Papersen
local.identifier.id3501en
dc.identifier.editionRDP 2009-07en
dc.description.additionalinfoRDP 2009-07en
dc.subject.dssIncome, wealth and financesen
dc.subject.dssmaincategoryFinanceen
dc.subject.dsssubcategoryExpenditure and constraints on expenditureen
dc.subject.flosseIncome, wealth and financeen
dc.relation.surveyHILDAen
dc.old.surveyvalueHILDAen
item.openairetypeReports and technical papers-
item.grantfulltextnone-
item.fulltextNo Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.cerifentitytypePublications-
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