The Consumption Response to Predictable Changes in Discretionary Income: Evidence from the Repayment of Vehicle Loans

By Melvin Stephens. Review of Economics and Statistics, 2008

149 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, General Health Professions

View Paper: https://www.semanticscholar.org/paper/7308153f0e60bb2fe28365f631c25ddcad168562

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Luigi Pistaferri
2. Tullio Jappelli
3. M. Amir
4. M. Di
5. K. Ramcharan
6. Adrien Auclert
7. Tom Krebs
8. Anna Lusardi

In Economics and Econometrics

1. Luigi Pistaferri
2. Tullio Jappelli
3. M. Amir
4. M. Di
5. K. Ramcharan
6. Adrien Auclert
7. Tom Krebs
8. Michaela Pagel

In General Health Professions

1. Tullio Jappelli
2. Luigi Pistaferri

Citations in the corpus

• 2017-03 Early and Late Human Capital Investments, Borrowing Constraints, and the Family (2012, unknown): “3See, e.g., Meghir and Weber (1996), Alessie, Devereux, and Weber (1997), Gourinchas and Parker (2002), Attanasio, Goldberg and Kyriazidou (2008), and Stephens (2008).”
• Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession (2015, unknown): “Stephens (2008) studies consumption adjustments due to an expected rise in income following the last repayment of a vehicle loan.”
• Monetary Policy Pass-Through: Household Consumption and Voluntary Deleveraging (2014, background): “Stephens Jr, M. (2008). The consumption response to predictable changes in discretionary income: Evidence from the repayment of vehicle loans.”
• The Consumption Response to Income Changes (2009, background): “As in Stephens (2008) he argues that the final mortgage payment represent an expected disposable income shock (that is, income net of precommitted debt service payments).”