The Marginal Propensity to Consume During the COVID-19 Pandemic: Evidence from Thailand and Vietnam

The Marginal Propensity to Consume During the COVID-19 Pandemic: Evidence from Thailand and Vietnam

In evaluating surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the marginal propensity to consume is significantly larger for positive than for negative income shocks. This result contradicts a prediction from the lifecycle permanent income model with borrowing co...

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Wedi'i Gadw mewn:
Manylion Llyfryddiaeth
Cyhoeddwyd yn:MAGKS - Joint Discussion Paper Series in Economics (Band 07-2022)
Prif Awduron: Bui, Dzung, Dräger, Lena, Hayo, Bernd, Nghiem, Giang
Fformat: Erthygl
Iaith:Saesneg
Cyhoeddwyd: Philipps-Universität Marburg 2022
Pynciau:
Thailand
Vietnam.
Wirtschaft
Marginal propensity to consume (MPC)
Unanticipated income shocks; COVID-19
Economics
Mynediad Ar-lein:Testun PDF llawn
Tagiau: Ychwanegu Tag
Dim Tagiau, Byddwch y cyntaf i dagio'r cofnod hwn!
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