When do fiscal consolidations lead to consumption booms? Lessons from a laboratory experiment

According to the expectations channel, a fiscal consolidation may give rise to less contractionary, or even expansionary effects on consumption, despite a decline in current disposable income. Intuitively, people may accumulate a stock of savings in anticipation of the consolidation and may start to...

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Bibliographic details
Volume: 69
Main Author: Geiger, Martin
Luhan, Wolfgang J
Scharler, Johann
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: AMSTERDAM Elsevier B.V 01.08.2016
ELSEVIER SCIENCE BV
Innsbruck: University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
published in: Journal of economic dynamics & control Vol. 69; pp. 1 - 20
ORCID: 0000-0002-1026-4339
Data of publication: August 2016
ISSN: 0165-1889
1879-1743
EISSN: 1879-1743
Classification Codes:


Dewey Decimal Classification: 330
Discipline: Economics
Subjects:
E62
E21
C91
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2016
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