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Replication data for: Workers' Spending Response to the 2011 Payroll Tax Cuts

Resource Type
  • Graziani, Grant
  • van der Klaauw, Wilbert
  • Zafar, Basit
Publication Date
  • Abstract

    This paper investigates workers' spending response to the 2011 payroll tax cuts. Respondents were surveyed at the beginning and end of 2011, which allows the comparison of ex ante and ex post reported use of the extra income. While workers on average intended to spend 14 percent of their tax cut income, they ex post reported spending 36 percent of the funds. This pattern of higher spending ex post is shared across all demographic groups. Differences across workers in this shift to greater ex post spending are largely unexplained by differences in either present bias or unanticipated shocks, so in the end the upward revision in spending remains a puzzle.
  • Is supplement to
    DOI: 10.1257/pol.20140065 (Text)
  • Graziani, Grant, Wilbert van der Klaauw, and Basit Zafar. “Workers’ Spending Response to the 2011 Payroll Tax Cuts.” American Economic Journal: Economic Policy 8, no. 4 (November 2016): 124–59.
    • ID: 10.1257/pol.20140065 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-13

Graziani, Grant; van der Klaauw, Wilbert; Zafar, Basit (2016): Replication data for: Workers' Spending Response to the 2011 Payroll Tax Cuts. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.