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:	Expectations Experimental macroeconomics Intertemporal choice Expansionary fiscal consolidation Economics Business & Economics Social Sciences Fiscal policy experimental macroeconomics Expansionary Fiscal Consolidation, Expectations, Intertemporal Choice, Experimental Macroeconomics intertemporal choice expectations expansionary fiscal consolidation dk/atira/pure/core/subjects/economics E62 Expectations Experimental macroeconomics E21 Expansionary fiscal consolidation C91 Intertemporal choice POLICY RICARDIAN EQUIVALENCE UNCERTAINTY MULTIPLIERS AUSTERITY ADJUSTMENTS
Online Access:	available in Bonn?
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2016 Web of Knowledge Web of Science CrossRef Gale General OneFile (A&I only) Academic OneFile (A&I only) OpenAIRE OpenAIRE (Open Access) Database information Databases - DBIS