000 01545nab a2200253 c 4500
999 _c148861
_d148861
003 ES-MaIEF
005 20240130103214.0
007 ta
008 240129t2023 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
245 0 _aSpending responses to high-frequency shifts in payment timing
_bevidence from the earned income tax credit
_c by Aditya Aladangady ... [et al.]
500 _aResumen.
504 _aBibliografía.
520 _aThis study explores the spending response to tax refunds for Earned Income Tax Credit recipients using a novel dataset combining transaction-based measures of retail spending with administrative IRS data on tax refunds. Our dataset allows us to exploit variation in the timing of EITC refunds, including changes related to the 2017 PATH Act, along with cross-state differences in refund magnitudes to identify spending responses. Results show EITC recipients spend about $0.30 per refund dollar ($1,150 for the average refund) within just two weeks of issuance, suggesting stimulus targeted at this population may provide a quick boost to aggregate demand.
650 4 _948067
_aPOLITICA FISCAL
650 4 _947378
_aINGRESOS FISCALES
650 4 _950200
_aRENTA
650 4 _947460
_aIMPUESTOS
650 4 _933435
_aBONIFICACIONES TRIBUTARIAS
650 4 _942888
_aESTADOS UNIDOS
700 1 _971380
_aAladangady, Aditya
773 0 _9171095
_oOP 2135/2023/3
_tAmerican Economic Journal : Economic Policy
_w(IEF)134825
_x 1945-7731
_g v. 15, n. 3, August 2023, p. 89-114
942 _cART