Construct · 1 fields · 1 citations

tax refund consumption response: a standalone construct

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Economics

household spending rising when tax refunds arrive even though the refunds were predictable, contrary to pure consumption smoothing.

In economics, tax refund consumption response refers to household spending rising when tax refunds arrive even though the refunds were predictable, contrary to pure consumption smoothing. This meaning comes from Souleles (1999) in American Economic Review.[1]

Unit
Recovery means
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Nearby constructs

consumption smoothing1 fields · 1 citationsanchor · a standalone construct consumption3 fields · 5 citationsjingle · one word, three constructs response4 fields · 4 citationsjingle · one word, four constructs

References

Souleles, N. S. (1999). The Response of Household Consumption to Income Tax Refunds. American Economic Review, 89(4), 947-958. https://doi.org/10.1257/aer.89.4.947

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