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

Emma Aisbett, Markus Brueckner and Ralf Steinhauser
Authors registered in the RePEc Author Service: Markus Brueckner

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: In 2009 the Australian government delivered $8 billion in direct payments to households. These payments were pre-announced and randomly allocated over a 5-week period. We exploit this random allocation to estimate the causal response of households consumption expenditures. While we don't find a effect on consumption expenditures at the time of transfer we find a small, albeit statistically significant increase in consumption expenditures at the time of the announcement of the fiscal stimulus.

JEL-codes: E62 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-cta and nep-mac
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https://www.econstor.eu/bitstream/10419/168230/1/VfS-2017-pid-3326.pdf (application/pdf)

Related works:
Working Paper: Fiscal Stimulus and HouseholdsÕ Non-Durable Consumption Expenditures: Evidence from the 2009 Australian Nation Building and Jobs Plan (2014)
Working Paper: Fiscal Stimulus and Households' Non-Durable Consumption Expendituresː Evidence from the 2009 Australian Nation Building and Jobs Plan (2014)
Working Paper: Fiscal Stimulus and Households' Non-Durable Consumption Expenditures: Evidence from the 2009 Australian Nation Building and Jobs Plan (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168230

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