消费和流动性冲击

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2024-02-23 DOI:10.1007/s40797-024-00267-5

Antonio Acconcia, Simone Chinetti, Tullio Jappelli

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引用次数: 0

摘要

我们利用意大利家庭收入与财富调查中有关礼品（偶发性和经常性）和遣散费的信息，研究了消费对预期和非预期流动性收益的反应。与标准的跨期消费模型一致，我们发现非预期收入冲击会影响非耐用消费，而预期冲击则没有影响。在前一种情况下，边际消费倾向估计约为 7%。我们还发现，这种消费反应对贫困家庭的影响更大（约 10%），而对富裕家庭的影响可以忽略不计。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

Consumption and Liquidity Shocks

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Consumption and Liquidity Shocks

We study the response of consumption to anticipated and unanticipated liquidity gains using information on gifts (occasional and recurrent) and severance pay from the Italian Household Income and Wealth survey. Consistent with standard intertemporal consumption models, we find that unanticipated income shocks affect nondurable consumption while anticipated shocks have no effect. In the former case, the marginal propensity to consume is estimated to be around 7%. We find also that this consumption response is stronger for poor households (around 10%) and negligible for rich ones.

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.