A Kalman-smoother-based estimator applied to Swedish administrative data reveals a steep, convex negative gradient in the marginal propensity to consume with respect to cash-on-hand, from 0.7 to 0.3 across deciles.
What would you do with \ 500? spending responses to gains, losses, news, and loans
1 Pith paper cite this work, alongside 112 external citations. Polarity classification is still indexing.
1
Pith paper citing it
112
external citations · OpenAlex
fields
econ.GN 1years
2026 1verdicts
ACCEPT 1representative citing papers
citing papers explorer
-
Identifying the MPC-Liquidity Gradient in High-Quality Data
A Kalman-smoother-based estimator applied to Swedish administrative data reveals a steep, convex negative gradient in the marginal propensity to consume with respect to cash-on-hand, from 0.7 to 0.3 across deciles.