How household consumption responds to credit card refunds
Author
Abstract
Suggested Citation
DOI: 10.1016/j.econlet.2020.109683
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Thaler, Richard H, 1990. "Saving, Fungibility, and Mental Accounts," Journal of Economic Perspectives, American Economic Association, vol. 4(1), pages 193-205, Winter.
- Justine Hastings & Jesse M. Shapiro, 2018.
"How Are SNAP Benefits Spent? Evidence from a Retail Panel,"
American Economic Review, American Economic Association, vol. 108(12), pages 3493-3540, December.
- Justine S. Hastings & Jesse M. Shapiro, 2017. "How Are SNAP Benefits Spent? Evidence from a Retail Panel," NBER Working Papers 23112, National Bureau of Economic Research, Inc.
- Christopher D. Carroll & Jiri Slacalek & Kiichi Tokuoka, 2014.
"The Distribution of Wealth and the MPC: Implications of New European Data,"
American Economic Review, American Economic Association, vol. 104(5), pages 107-111, May.
- Carroll, Christopher D. & Slacalek, Jiri & Tokuoka, Kiichi, 2014. "The Distribution of wealth and the MPC: implications of new European data," Working Paper Series 1648, European Central Bank.
- Sumit Agarwal & Chunlin Liu & Nicholas S. Souleles, 2007.
"The Reaction of Consumer Spending and Debt to Tax Rebates-Evidence from Consumer Credit Data,"
Journal of Political Economy, University of Chicago Press, vol. 115(6), pages 986-1019, December.
- Sumit Agarwal & Chunlin Liu & Nicholas S. Souleles, 2007. "The Reaction of Consumer Spending and Debt to Tax Rebates -- Evidence from Consumer Credit Data," NBER Working Papers 13694, National Bureau of Economic Research, Inc.
- Sumit Agarwal & Chunlin Liu & Nicholas S. Souleles, 2007. "The reaction of consumer spending and debt to tax rebates; evidence from consumer credit data," Working Papers 07-34, Federal Reserve Bank of Philadelphia.
- Sumit Agarwal & Chunlin Liu & Nicholas S. Souleles, 2007. "The reaction of consumer spending and debt to tax rebates – evidence from consumer credit data," Working Paper Series WP-07-10, Federal Reserve Bank of Chicago.
- Da, Zhi & Warachka, Mitch & Yun, Hayong, 2015. "Lottery tax windfalls, state-level fiscal policy, and consumption," Economics Letters, Elsevier, vol. 129(C), pages 9-12.
- Grinblatt, Mark & Han, Bing, 2005. "Prospect theory, mental accounting, and momentum," Journal of Financial Economics, Elsevier, vol. 78(2), pages 311-339, November.
- Johannes Abeler & Felix Marklein, 2017.
"Fungibility, Labels, and Consumption,"
Journal of the European Economic Association, European Economic Association, vol. 15(1), pages 99-127.
- Abeler, Johannes & Marklein, Felix, 2008. "Fungibility, Labels, and Consumption," IZA Discussion Papers 3500, Institute of Labor Economics (IZA).
- Johannes Abeler & Felix Marklein, 2010. "Fungibility, Labels and Consumption," Discussion Papers 2010-13, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Augsburg, Britta & Caeyers, Bet & Giunti, Sara & Malde, Bansi & Smets, Susanna, 2023.
"Labeled loans and human capital investments,"
Journal of Development Economics, Elsevier, vol. 162(C).
- Britta Augsburg & Bet Caeyers & Sara Giunti & Bansi Malde & Susanna Smets, 2020. "Labelled Loans and Human Capital Investments," IFS Working Papers W20/20, Institute for Fiscal Studies.
- Britta Augsburg & Bet Caeyers & Sara Giunti & Bansi Malde & Susanna Smets, 2023. "Labeled loans and human capital investments," IFS Working Papers W23/05, Institute for Fiscal Studies.
- Britta Augsburg & Bet Caeyers & Sara Giunti & Bansi Malde & Susanna Smets, 2021. "Labelled loans and human capital investments," IFS Working Papers W21/09, Institute for Fiscal Studies.
- Bernard, René, 2023. "Mental accounting and the marginal propensity to consume," Discussion Papers 13/2023, Deutsche Bundesbank.
- Sumit Agarwal & Amit Bubna & Molly Lipscomb, 2021. "Timing to the Statement: Understanding Fluctuations in Consumer Credit Use," Management Science, INFORMS, vol. 67(8), pages 5124-5144, August.
- Anna Sokolova, 2023.
"Marginal Propensity to Consume and Unemployment: a Meta-analysis,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 813-846, December.
- Anna Sokolova, 2023. "Code and data files for "Marginal Propensity to Consume and Unemployment: a Meta-analysis"," Computer Codes 23-112, Review of Economic Dynamics.
- Beatty, Timothy K.M. & Blow, Laura & Crossley, Thomas F. & O'Dea, Cormac, 2014.
"Cash by any other name? Evidence on labeling from the UK Winter Fuel Payment,"
Journal of Public Economics, Elsevier, vol. 118(C), pages 86-96.
- Tim Beatty & Laura Blow & Thomas Crossley & Cormac O'Dea, 2011. "Cash by any other name? Evidence on labelling from the UK Winter Fuel Payment," IFS Working Papers W11/10, Institute for Fiscal Studies.
- Timothy K.M. Beatty & Laura Blow & Thomas Crossley & Cormac O’Dea, 2012. "Cash by Any Other Name? Evidence on Labelling from the UK Winter Fuel Payment," Koç University-TUSIAD Economic Research Forum Working Papers 1216, Koc University-TUSIAD Economic Research Forum.
- Lange, Ian & Moro, Mirko & Rahman, Mohammad, 2014.
"Policy Labels and Investment Decision-making,"
Stirling Economics Discussion Papers
2014-01, University of Stirling, Division of Economics.
- Ian Lange & Mirko Moro & Mohammad Mahbubur Rahman, 2014. "Policy Labels and Investment Decision-making," Working Papers 2014-02, Colorado School of Mines, Division of Economics and Business.
- Lange, Ian & Moro, Mirko & Rahman, Mohammad Mahbubur, 2014. "Policy Labels and Investment Decision-making," SIRE Discussion Papers 2014-005, Scottish Institute for Research in Economics (SIRE).
- Javier Andrés & José E. Boscá & Javier Ferri & Cristina Fuentes‐Albero, 2022.
"Households' Balance Sheets and the Effect of Fiscal Policy,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(4), pages 737-778, June.
- Javier Andres & Jose E. Bosca & Javier Ferri & Cristina Fuentes-Albero, 2018. "Household's Balance Sheets and the Effect of Fiscal Policy," Finance and Economics Discussion Series 2018-012r1, Board of Governors of the Federal Reserve System (U.S.), revised 29 Jun 2020.
- Javier Andrés & José E. Boscá & Javier Ferri & Cristina Fuentes-Albero, 2018. "Households' balance sheets and the effect of fiscal policy," Working Papers 1831, Banco de España.
- Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Luigi Pistaferri & Maarten van Rooij, 2019.
"Asymmetric Consumption Effects of Transitory Income Shocks,"
The Economic Journal, Royal Economic Society, vol. 129(622), pages 2322-2341.
- Jappelli, Tullio & Christelis, Dimitris & Georgarakos, Dimitris & Van Rooij, Maarten & Pistaferri, Luigi, 2017. "Asymmetric Consumption Effects of Transitory Income Shocks," CEPR Discussion Papers 12025, C.E.P.R. Discussion Papers.
- Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Luigi Pistaferri & Maarten van Rooij, 2017. "Asymmetric Consumption Effects of Transitory Income Shocks," CSEF Working Papers 467, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- d’Astous, Philippe, 2019. "Responses to an anticipated increase in cash on hand: Evidence from term loan repayments," Journal of Banking & Finance, Elsevier, vol. 108(C).
- Huang, Jiaqi & Antonides, Gerrit & Nie, Fengying, 2020. "Is mental accounting of farm produce associated with more consumption of own-produced food?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 88(C).
- Marek, Ewelina & Raux, Charles & Engelmann, Dirk, 2018.
"Personal carbon allowances: Can a budget label do the trick?,"
Transport Policy, Elsevier, vol. 69(C), pages 170-178.
- Ewelina Marek & Charles Raux & Dirk Engelmann, 2018. "Personal carbon allowances: Can a budget label do the trick?," Post-Print halshs-02125850, HAL.
- Qiao Liu & Qiaowei Shen & Zhenghua Li & Shu Chen, 2021. "Stimulating Consumption at Low Budget: Evidence from a Large-Scale Policy Experiment Amid the COVID-19 Pandemic," Management Science, INFORMS, vol. 67(12), pages 7291-7307, December.
- Batiz-Lazo, Bernardo & Maixe-Altes, J Carles & Peon, David, 2023. "Behavioral drivers of cashless payments in Africa," MPRA Paper 117984, University Library of Munich, Germany.
- Jean N. Lee & Jonathan Morduch & Saravana Ravindran & Abu S. Shonchoy, 2023. "The Social Meaning of Mobile Money: Willingness to Pay with Mobile Money in Bangladesh," Working Papers 2304, Florida International University, Department of Economics.
- Koch, Alexander K. & Nafziger, Julia, 2011. "Goals and Psychological Accounting," IZA Discussion Papers 5802, Institute of Labor Economics (IZA).
- Pauline Vorjohann, 2023. "Reference-dependent choice bracketing," Discussion Papers 2309, University of Exeter, Department of Economics.
- Timo Hener, 2017. "Effects of labeled child benefits on family savings," Review of Economics of the Household, Springer, vol. 15(3), pages 759-777, September.
- Epanchin-Niell, Rebecca S. & Wilen, James E., 2010.
"Optimal control of spatial-dynamic processes: The case of biological invasions,"
2010 Annual Meeting, July 25-27, 2010, Denver, Colorado
61375, Agricultural and Applied Economics Association.
- Epanchin-Niell, Rebecca S. & Wilen, James E., 2011. "Optimal Control of Spatial-Dynamic Processes: The Case of Biological Invasions," RFF Working Paper Series dp-11-07, Resources for the Future.
- Rodney Ramcharan & Amir Kermani & Marco Di Maggio, 2015. "Monetary Policy Pass-Through: Household Consumption and Voluntary Deleveraging," 2015 Meeting Papers 256, Society for Economic Dynamics.
- Bernard, René, 2022. "Mental Accounting and the Marginal Propensity to Consume," VfS Annual Conference 2022 (Basel): Big Data in Economics 264186, Verein für Socialpolitik / German Economic Association.
More about this item
Keywords
Mental accounting; Consumption; MPC; Credit card refunds;All these keywords.
JEL classification:
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:198:y:2021:i:c:s0165176520304432. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.