Marginal Propensity to Consume

22.04.2025: Stefanie Stantcheva – The how and why of household reactions to income shocks

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Presenter: Stefanie Stantcheva Affiliation: Harvard University, Department of Economics. Paper: The How and Why of Household Reactions to Income Shocks. Date: April 22, 2025. Time: 13:00 GMT (15:00 Israel Time) Abstract: This paper studies how and why households adjust their spending, saving, and borrowing in response to transitory income shocks. We leverage new large-scale survey … Read more

20.06.2023: Xavier Jaravel – Five facts about MPCs: Evidence from a randomized experiment

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Presenter: Xavier Jaravel Affiliation: London School of Economics Paper: Five Facts about MPCs: Evidence from a Randomized Experiment Date: June 20, 2023 Time: 12:00 GMT (15:00 Israel Time) Abstract: We conduct a randomized controlled trial to study the consumption response of French households to unanticipated one-time money transfers of 300 Euros. Using prepaid debit cards, … Read more