Consumer response to the 1998 tax cut: Is a temporary tax cut effective?

Journal of the Japanese and International Economies

Volumn 20, Issue 2, 2006, Pages 269-287

  Shimizutani, Satoshi ^a  

^a HITOTSUBASHI UNIVERSITY   (Japan)

Author keywords

Excess sensitivity; Household data; Marginal propensity to consume; Tax cut

Indexed keywords

EID: 33646579155     PISSN: 08891583     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jjie.2005.04.001     Document Type: Article

References (18)

1. Browning M., and Collado D. The response of expenditures to anticipated income changes: Panel data estimates. Amer. Econ. Rev. 91 3 (2001) 681-692
2. Campbell J., and Mankiw G. Permanent income, current income, and consumption. J. Bus. Econ. Statist. (July) (1989) 265-279
3. Carroll C. Risky habits and the marginal propensity to consume out of permanent income. Int. Econ. J. 14 4 (2000) 1-41
4. Flavin M. The adjustment of consumption to changing expectations about future income. J. Polit. Economy 89 5 (1982) 974-1009
5. Hayashi F. Testing the life cycle-Permanent income hypothesis on Japanese monthly panel data. Econ. Rev. (Keizai Kenkyu) 101 (1986) 1-23
6. Hori, M., Shimizutani, S., 2002. Micro data studies on Japanese tax policy and consumption in the 1990s. ESRI discussion paper series, No.14. Economic and Social Research Institute, Cabinet Office, Japan
7. Hori, M., Hsieh, C.-T., Murata, K., Shimizutani, S., 2002. Did the shopping coupon program stimulate consumption? Evidence from Japanese micro data. ESRI discussion paper series, No.12. Economic and Social Research Institute, Cabinet Office, Japan
8. Hsieh C.-T. Do consumers react to anticipated income changes? Evidence from the Alaska permanent fund. Amer. Econ. Rev. 93 1 (2003) 397-405
9. Parker J. The reaction of household consumption to predictable changes in payroll tax rates. Amer. Econ. Rev. 89 4 (1999) 959-973
10. Poterba J. Are consumers forward looking? Evidence from fiscal experiments. Amer. Econ. Rev., Pap. Proc. 78 2 (1988) 413-418
11. Shapiro M., and Slemrod J. Consumer response to the timing of income: Evidence from a change in tax withholding. Amer. Econ. Rev. 85 1 (1995) 274-283
12. Shapiro M., and Slemrod J. Consumer response to tax rebates. Amer. Econ. Rev. 93 1 (2003) 381-396
13. Shimizutani, S., 2002. Consumption and tax policy in Japan during the 1990: Evidence from household data. PhD dissertation. University of Michigan
14. Shea J. Union contracts and the life-cycle/permanent-income hypothesis. Amer. Econ. Rev. 85 1 (1995) 186-200
15. Souleles N. The response of household consumption to income tax refunds. Amer. Econ. Rev. 89 4 (1999) 947-958
16. Souleles N. Consumer response to the Reagan tax cuts. J. Public Econ. 85 1 (2002) 99-120
17. Watanabe K., Watanabe T., and Watanabe T. Tax policy and consumer spending: Evidence from Japanese fiscal experiments. J. Int. Econ. 53 2 (2001) 261-281
18. Zeldes S. Consumption and liquidity constraints: An empirical investigation. J. Polit. Economy 97 2 (1989) 305-346