Fiscal Stimulus and HouseholdsÕ Non-Durable Consumption Expenditures: Evidence from the 2009 Australian Nation Building and Jobs Plan

Emma Aisbett, Markus Brueckner (), Ralf Steinhauser and Rhett Wilcox
Additional contact information
Markus Brueckner: National University of Singapore
Rhett Wilcox: The Australian Treasury
Authors registered in the RePEc Author Service: Markus Brueckner

Crawford School Research Papers from Crawford School of Public Policy, The Australian National University

Abstract: In 2009 the Australian government delivered approximately $8 billion in direct payments to households. These payments were pre- announced and randomly allocated to households based on postal codes over a 5-week period. We exploit this random allocation to estimate the causal response of households' non-durable consumption expenditures to a transitory, anticipated income increase. Our main findings are that: (i) non-durable consumption expenditures did not react significantly during or after the one-time, pre-announced transfer; (ii) there is a small, albeit statistically significant increase in non-durable consumption expenditures at the time of the announcement of the fiscal stimulus.

JEL-codes: D91 E21 E62 H31 (search for similar items in EconPapers)
Date: 2014-01
New Economics Papers: this item is included in nep-mac and nep-sea
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://ssrn.com/abstract=2388482

Related works:
Working Paper: Fiscal Stimulus and Households' Non-Durable Consumption Expenditures: Evidence from the 2009 Australian Nation Building and Jobs Plan (2017)
Working Paper: Fiscal Stimulus and Households' Non-Durable Consumption Expenditures: Evidence from the 2009 Australian Nation Building and Jobs Plan (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:een:crwfrp:1402

Access Statistics for this paper

More papers in Crawford School Research Papers from Crawford School of Public Policy, The Australian National University Contact information at EDIRC.
Bibliographic data for series maintained by David Stern ().