The Consumption Response to Income Changes
By Tullio Jappelli, Luigi Pistaferri. 2009
740 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/224dc472545cea9c62a8b1aa20c6964173a52fe5
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Greg Kaplan
- Michaela Pagel
- Arna Olafsson
- Giovanni L. Violante
- Luigi Pistaferri
- Richard Blundell
- P. Surico
- Scott R. Baker
In Economics and Econometrics
- Greg Kaplan
- Luigi Pistaferri
- Giovanni L. Violante
- S. Bonhomme
- Michaela Pagel
- P. Surico
- Richard Blundell
- Arna Olafsson
In Sociology and Political Science
- Giovanni L. Violante
- Greg Kaplan
- Richard Blundell
- Michaela Pagel
- Luigi Pistaferri
- S. Bonhomme
- Scott R. Baker
- P. Surico
Citations in the corpus
- Consumer Spending and the Economic Stimulus Payments of 2008 (2013, background): “…schedule of ESP disbursement.8 For recipients that had provided the IRS with their personal bank 6 Deaton (1992), Browning and Lusardi (1996), and Jappelli and Pistaferri (2010) review the consumptionsmoothing literature in general, and JPS and the working paper version of this article, Parker…”
- Monetary Policy Pass-Through: Household Consumption and Voluntary Deleveraging (2014, background): “Other related papers in this literature include Jappelli and Pistaferri (2010), Kaplan and Violante (2011), Hsieh (2003), Shapiro and Slemrod (2003b), Shapiro and Slemrod (2003a), Souleles (2002) and Stephens Jr (2008).”
- Microeconomic Heterogeneity and Macroeconomic Shocks (2018, background): “Similarly, Krueger et al. (2016) examine the effectiveness of unemployment insurance in mitigating the fall in aggregate expenditures during the crisis.”
- Mortgage Rates, Household Balance Sheets, and the Real Economy (2014, neutral): “See Jappelli and Pistaferri (2010) for a recent review of the extensive literature on the consumption response to income changes and Parker (2011) for the discussion of studies on the effects of fiscal policy in recessions.”
- Monetary Policy According to HANK (2018, neutral): “This type of consumption behavior is at odds with a vast macro and micro empirical literature on “excess sensitivity” (Jappelli and Pistaferri, 2010).”
- Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework (2015, background): “However, linear approxima- 1See, for example, Jappelli and Pistaferri (2010) and references therein.”
- Household Debt and the Dynamic Effects of Income Tax Changes (2017, background): “On the theoretical side, Kaplan and Violante (2012), Eggertsson and Krugman (2012) and Andres et al.”
- Automatic Stabilizers and Economic Crisis: US vs. Europe (2012, neutral): “12Results of these estimations are available from the authors upon request. constrained households in our data for the European countries.13 A recent survey of the vast literature on consumption responses to income changes can be found in Jappelli and Pistaferri (2010).”
- Expectations-Based Reference-Dependent Life-Cycle Consumption (2017, background): “15An asymmetric response to income innovations would also be predicted by liquidity constraints, the empirical evidence for which is very mixed (see Jappelli and Pistaferri (2010) for a survey).”
- Social Insurance: Connecting Theory to Data (2012, neutral): “Jappelli and Pistaferri (2010)”