The Reality of Consumption: Comparing Self-Reported and Observed Marginal Propensity to Consume

Kozo Ueda

No 24-020E, CIGS Working Paper Series from The Canon Institute for Global Studies

Abstract: Surveys are widely used in economic analyses. This study compares the self- reported and actual marginal propensity to consume by integrating survey with bank transaction data. The estimation results reveal no significant relationship between the two measures, casting a doubt on the use of self-reported consumption measures.

Pages: 32
Date: 2024-09
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Journal Article: The reality of consumption: Comparing self-reported and observed marginal propensity to consume (2025)
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