Consumption Responses to Temporary Tax Incentives: Evidence from State Sales Tax Holidays

被引：22

作者：

Agarwal, Sumit ^{[1
]}

Marwell, Nathan ^{[2
]}

McGranahan, Leslie ^{[3
]}

机构：

[1] Georgetown Univ, 3700 O St NW, Washington, DC 20057 USA

[2] Univ Wisconsin, 1455 Market St,5th Floor, San Francisco, CA 94102 USA

[3] Fed Reserve Bank Chicago, 230 S LaSalle St, Chicago, IL 60604 USA

来源：

AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY | 2017年 / 9卷 / 04期

关键词：

ANTICIPATED INCOME CHANGES; CONSUMER RESPONSE; INTERTEMPORAL SUBSTITUTION; LIQUIDITY CONSTRAINTS; HOUSEHOLD CONSUMPTION; PREDICTABLE CHANGES; DEBT RESPONSE; PROGRAM;

D O I：

10.1257/pol.20130429

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

States offer sales tax holidays (STHs) temporarily exempting items like clothes, shoes, and school supplies from the state sales tax. Spending response to these temporary tax changes are investigated using two datasets: the Diary portion of the Consumer Expenditure Survey and a unique dataset of credit card transactions. Results based on a difference-in-differences methodology show that there are substantial increases in spending on covered goods during these holidays that are not offset by declines in spending before or after the holidays.

引用

页码：1 / 27

页数：27

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[41] 3rd of the month: Do social security recipients smooth consumption between checks? [J].