Debt and the Consumption Response to Household Income Shocks

By Scott R. Baker. 2015

161 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/3580cdd3885b87aa4c864819906b2538c54e7071

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Citations in the corpus

The Liquid Hand-to-Mouth: Evidence from Personal Finance Management Software (2018, methodology): “(2014), Baker (2013), Kuchler (2015), and Kueng (2015) in using data from a financial aggregation and service application (app), which overcomes the accuracy, scope, and frequency limitations of the existing data sources of consumption and income.”
Non-durable consumption and housing net worth in the Great Recession: Evidence from easily accessible data (2016, background): “Indeed, in their Handbook chapter (see, in particular, Table 3), Mian and Sufi (2016) (17)Also Baker (2017) finds that higher levels of leverage are significantly related to higher sensitivity of expenditures to income using a measure of total expenditures that includes durables. (18)Mian et al. (20”
The Wealthy Hand-to-Mouth (2014, background): “Baker (2013) combines several novel sources of household data on consumption expenditures, income, and household balance sheets to investigate the comovement of income and consumption, at the micro level, around the Great Recession.”
Income Changes and Consumption: Evidence from the 2013 Federal Government Shutdown (2015, methodology): “Baker (2014) lays of a number of tests and re-weighting procedures, comparing data from the website to other measures of household financial behavior such as Census Retail Sales, the Survey of Consumer Finance, Zillow house price data, and the CPS, finding very strong relationships after…”
MPC Heterogeneity and Household Balance Sheets (2016, unknown): “We argue, (19)See Baker, Kueng, Meyer, and Pagel (2018) for a study dedicated to measurement error in imputed consumption data.”