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"Data and Code for: "Reported MPC and Unobserved Heterogeneity"

Resource Type
  • Jappelli, Tullio (University of Naples Federico II)
  • Pistaferri, Luigi (Stanford University)
Publication Date
Free Keywords
Transitory Income Shocks; Marginal Propensity to Consume; Panel data
  • Abstract

    Panel data on reported marginal propensity to consume (MPC) in the 2010 and 2016 Italy’s Survey of Household Income and Wealth uncover a strong negative relationship between cash-on-hand and MPC. Even though the relationship is attenuated when using regression methods that control for unobserved heterogeneity, the amount of bias is moderate. MPC estimates are used to evaluate
    the effectiveness of revenue-neutral fiscal policies targeting different parts of the distribution of household resources
Temporal Coverage
  • 2010-01-01 / 2016-12-31
    Time Period: Fri Jan 01 00:00:00 EST 2010--Sat Dec 31 00:00:00 EST 2016
Geographic Coverage
  • Italy
This study is freely available to the general public via web download.
  • Is version of
    DOI: 10.3886/E116762

Update Metadata: 2020-10-28 | Issue Number: 1 | Registration Date: 2020-10-28

Jappelli, Tullio; Pistaferri, Luigi (2020): "Data and Code for: "Reported MPC and Unobserved Heterogeneity". Version: 2. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.