Survey_Pauls_2021
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Abstract
We conducted a large-scale household survey in November 2020 to study how altering the time frame of a message (temporal framing) regarding an imminent positive income shock affects consumption plans. The income shock derives from the abolishment of the German solidarity surcharge on personal income taxes, effective in January 2021. We randomize across survey participants whether their extra disposable income is presented in Euros per month, Euros per year, or Euros per ten year-period.
Research Area
Household Finance
Keywords
behavioral economics, saving, marginal propensity to consume, tax intervention, tax cut
JEL Classification
E2, E6
Working Paper References
Topic
Monetary Policy
Fiscal Stability
Household Finance
Fiscal Stability
Household Finance
Publication Type
Research Data
Link to Publication
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- External Research Data [777]
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