Arbeitspapier
Taxation and consumption: Evidence from a representative survey of the German population
Using a representative survey of the German population, this paper studies individual consumption responses to a recent payroll tax reduction. Our results show that 55% of the respondents spend the extra money, indicating considerable potential for tax changes to affect consumption and economic activity. Our analysis of the socio-demographic and economic determinants of consumption responses suggests that temporary and permanent tax changes have a similar impact, that interest rates are an important determinant of consumption responses to tax changes, and that households with higher income have a higher propensity to consume.
- Sprache
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Englisch
- Erschienen in
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Series: MAGKS Joint Discussion Paper Series in Economics ; No. 20-2014
- Klassifikation
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Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
Fiscal Policy
Fiscal Policies and Behavior of Economic Agents: General
- Thema
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Taxation
Consumption
Representative population survey
Germany
- Ereignis
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Geistige Schöpfung
- (wer)
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Hayo, Bernd
Uhl, Matthias
- Ereignis
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Veröffentlichung
- (wer)
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Philipps-University Marburg, Faculty of Business Administration and Economics
- (wo)
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Marburg
- (wann)
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2014
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hayo, Bernd
- Uhl, Matthias
- Philipps-University Marburg, Faculty of Business Administration and Economics
Entstanden
- 2014