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What would you do with £500? (...in your own words)

Author

Listed:
  • Thomas F. Crossley

    (Institute for Fiscal Studies)

  • Peter Levell

    (Institute for Fiscal Studies)

  • Sofía Sierra Vásquez

    (University of St Gallen)

Abstract

No abstract is available for this item.

Suggested Citation

  • Thomas F. Crossley & Peter Levell & Sofía Sierra Vásquez, 2025. "What would you do with £500? (...in your own words)," IFS Working Papers W25/42, Institute for Fiscal Studies.
    • Handle: RePEc:ifs:ifsewp:25/42
    as

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    File URL: https://ifs.org.uk/sites/default/files/2025-10/CrossleyLevellSierra_Vasquez_Appendix_0.pdf
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    References listed on IDEAS

    as
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    3. Milkman, Katherine L. & Beshears, John, 2009. "Mental accounting and small windfalls: Evidence from an online grocer," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 384-394, August.
    4. Ingar Haaland & Christopher Roth & Stefanie Stantcheva & Johannes Wohlfart, 2024. "Measuring What Is Top of Mind," ECONtribute Discussion Papers Series 298, University of Bonn and University of Cologne, Germany.
    5. Martin Browning & Thomas F. Crossley, 2001. "The Life-Cycle Model of Consumption and Saving," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 3-22, Summer.
    6. James Graham & Robert A McDowall, 2024. "Mental Accounts and Consumption Sensitivity Across the Distribution of Liquid Assets," Working Papers 2024-07, University of Sydney, School of Economics.
    7. Johannes Boehm & Etienne Fize & Xavier Jaravel, 2025. "Five Facts about MPCs: Evidence from a Randomized Experiment," American Economic Review, American Economic Association, vol. 115(1), pages 1-42, January.
    8. Daniel J. Lewis & Davide Melcangi & Laura Pilossoph, 2019. "Latent Heterogeneity in the Marginal Propensity to Consume," Staff Reports 902, Federal Reserve Bank of New York.
    9. 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.
    10. Thaler, Richard H & Shefrin, H M, 1981. "An Economic Theory of Self-Control," Journal of Political Economy, University of Chicago Press, vol. 89(2), pages 392-406, April.
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    12. Hansen, Stephen & McMahon, Michael & Tong, Matthew, 2019. "The long-run information effect of central bank communication," Journal of Monetary Economics, Elsevier, vol. 108(C), pages 185-202.
    13. Michael Boutros, 2022. "Windfall Income Shocks with Finite Planning Horizons," Staff Working Papers 22-40, Bank of Canada.
    14. Bunn, Philip & Le Roux, Jeanne & Reinold, Kate & Surico, Paolo, 2018. "The consumption response to positive and negative income shocks," Journal of Monetary Economics, Elsevier, vol. 96(C), pages 1-15.
    15. Thomas F. Crossley & Paul Fisher & Peter Levell & Hamish Low, 2025. "Eliciting the marginal propensity to consume in surveys," IFS Working Papers W25/25, Institute for Fiscal Studies.
    16. Roberto Colarieti & Pierfrancesco Mei & Stefanie Stantcheva, 2024. "The How and Why of Household Reactions to Income Shocks," NBER Working Papers 32191, National Bureau of Economic Research, Inc.
    17. Greg Kaplan & Giovanni L. Violante, 2014. "A Model of the Consumption Response to Fiscal Stimulus Payments," Econometrica, Econometric Society, vol. 82(4), pages 1199-1239, July.
    18. Brian Baugh & Itzhak Ben-David & Hoonsuk Park & Jonathan A. Parker, 2021. "Asymmetric Consumption Smoothing," American Economic Review, American Economic Association, vol. 111(1), pages 192-230, January.
    19. Koşar, Gizem & Melcangi, Davide & Pilossoph, Laura & Wiczer, David, 2023. "Stimulus through Insurance: The Marginal Propensity to Repay Debt," IZA Discussion Papers 16211, Institute of Labor Economics (IZA).
    20. Shefrin, Hersh M & Thaler, Richard H, 1988. "The Behavioral Life-Cycle Hypothesis," Economic Inquiry, Western Economic Association International, vol. 26(4), pages 609-643, October.
    21. Thomas Crossley & Paul Fisher & Peter Levell & Hamish Low, 2021. "MPCs in an economic crisis: spending, saving and private transfers," IFS Working Papers W21/26, Institute for Fiscal Studies.
    22. Surico, Paolo & Andreolli, Michele, 2021. "Less is More: Consumer Spending and the Size of Economic Stimulus Payments," CEPR Discussion Papers 15918, C.E.P.R. Discussion Papers.
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