共 1 条
A Grant to Every Citizen: Survey Evidence of the Impact of a Direct Government Payment in Israel
被引:4
|作者:
Feldman, Naomi
[1
,2
]
Heffetz, Ori
[1
,2
,3
,4
]
机构:
[1] Hebrew Univ Jerusalem, Bogen Family Dept Econ, Jerusalem, Israel
[2] Hebrew Univ Jerusalem, Federmann Ctr Rational, Jerusalem, Israel
[3] Cornell Univ, SC Johnson Grad Sch Management, Ithaca, NY USA
[4] NBER, Cambridge, MA 02138 USA
关键词:
fiscal policy;
universal transfers;
marginal propensity to spend;
stimulus;
survey methodology;
politics;
D O I:
10.1086/719449
中图分类号:
F8 [财政、金融];
学科分类号:
0202 ;
摘要:
During the 2020 COVID-19 recession, Israel disbursed one-time, universal grants of $220 per adult and $150 per child. We ask survey respondents about the grant's primary effect on their situation. Twenty to 45 percent report increasing spending, and 36-52 percent report reducing debts. Importantly, as many respondents report donating or helping friends or family as increasing saving (10-18 percent). While financially weaker respondents reduce debt more, stronger ones not only increase saving but also increase giving - a new finding of nonnegligible, voluntary, decentralized reallocation of governmental assistance. We explore how Israel's political situation and our methodology may have affected our findings, helped by a follow-up US survey.
引用
收藏
页码:229 / 263
页数:35
相关论文