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The Consumption Response to Predictable Changes in Discretionary Income: Evidence from the Repayment of Vehicle Loans
16 references·16 citing·29 second hopsampled
The Consumption Response to Predictable Changes in Discretionary Income: Evidence from the Repayment of Vehicle Loans (2008)The Consumption Response to Predictable C…CREDIT CONSTRAINTS IN THE MARKET FOR CONSUMER DURABLES: EVIDENCE FROM MICRO DATA ON CAR LOANS* (2008)CREDIT CONSTRAINTS IN THE MAR…Do Consumers React to Anticipated Income Changes? Evidence from the Alaska Permanent Fund (2003)Do Consumers React to Anticip…Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data (2002)Do Liquidity Constraints and …Consumption Over the Life Cycle (2002)Consumption Over the Life Cyc…The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates (2001)The Response of Expenditures …The Life-Cycle Model of Consumption and Saving (2001)The Life-Cycle Model of Consu…The Response of Household Consumption to Income Tax Refunds (1999)The Response of Household Con…The Reaction of Household Consumption to Predictable Changes in Social Security Taxes (1999)The Reaction of Household Con…Consumption, Down Payments, and Liquidity Constraints (1996)Consumption, Down Payments, a…Adjustment of Consumers' Durables Stocks: Evidence from Automobile Purchases (1994)Adjustment of Consumers' Dura…An Introduction to the TAXSIM Model (1993)An Introduction to the TAXSIM…Union Contracts and Life Cycle - Permanent Income Hypothesis (1992)Union Contracts and Life Cycl…Consumption and Liquidity Constraints: An Empirical Investigation (1989)Consumption and Liquidity Con…Testing the Response of Consumption to Income Changes with (Noisy) Panel Data (1987)Testing the Response of Consu…Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Stochastic Implications of th…A Theory of the Consumption Function (1960)A Theory of the Consumption F…Early and Late Human Capital Investments, Borrowing Constraints, and the Family (2019)Early and Late Human Capital …Why Don’t Households Smooth Consumption? Evidence from a $25 Million Experiment (2017)Why Don’t Households Smooth C…Homeowner Borrowing and Housing Collateral: New Evidence from Expiring Price Controls (2017)Homeowner Borrowing and Housi…Do Banks Pass through Credit Expansions to Consumers Who want to Borrow?* (2017)Do Banks Pass through Credit …Access to Home Equity and Consumption: Evidence from a Policy Experiment (2016)Access to Home Equity and Con…Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession (2015)Wealth shocks, unemployment s…Natural Experiments in Macroeconomics (2015)Natural Experiments in Macroe…Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program (2015)Mortgage Refinancing, Consume…Do Banks Pass Through Credit Expansions to Consumers Who Want to Borrow? (2015)Do Banks Pass Through Credit …Debt and the Consumption Response to Household Income Shocks (2015)Debt and the Consumption Resp…Information Asymmetries in Consumer Credit Markets: Evidence from Payday Lending (2013)Information Asymmetries in Co…The Spending and Debt Response to Minimum Wage Hikes (2012)The Spending and Debt Respons…Early and Late Human Capital Investments, Borrowing Constraints, and the Family (2012)Early and Late Human Capital …Credit Constraints in Education (2011)Credit Constraints in Educati…Earnings, consumption and lifecycle choices (2010)Earnings, consumption and lif…Do borrowers know their mortgage terms? 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References

  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 1960A Theory of the Consumption Function2,232 cited
  • 1989Consumption and Liquidity Constraints: An Empirical Investigation1,933 cited
  • 2002Consumption Over the Life Cycle1,824 cited
  • 1993An Introduction to the TAXSIM Model1,002 cited
  • 2002Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data865 cited
  • 2001The Life-Cycle Model of Consumption and Saving704 cited
  • 1999The Response of Household Consumption to Income Tax Refunds699 cited
  • 1999The Reaction of Household Consumption to Predictable Changes in Social Security Taxes553 cited
  • 2003Do Consumers React to Anticipated Income Changes? Evidence from the Alaska Permanent Fund325 cited
  • 1992Union Contracts and Life Cycle - Permanent Income Hypothesis313 cited
  • 2001The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates286 cited
  • 1994Adjustment of Consumers' Durables Stocks: Evidence from Automobile Purchases274 cited
  • 1987Testing the Response of Consumption to Income Changes with (Noisy) Panel Data271 cited
  • 2008CREDIT CONSTRAINTS IN THE MARKET FOR CONSUMER DURABLES: EVIDENCE FROM MICRO DATA ON CAR LOANS*

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221 cited
  • 1996Consumption, Down Payments, and Liquidity Constraints184 cited
  • Cited by

    • 2008Do borrowers know their mortgage terms?281 cited
    • 2012The Spending and Debt Response to Minimum Wage Hikes235 cited
    • 2019Early and Late Human Capital Investments, Borrowing Constraints, and the Family191 cited
    • 2017Do Banks Pass through Credit Expansions to Consumers Who want to Borrow?*183 cited
    • 2011Credit Constraints in Education147 cited
    • 2017Why Don’t Households Smooth Consumption? Evidence from a $25 Million Experiment141 cited
    • 2012Early and Late Human Capital Investments, Borrowing Constraints, and the Family130 cited
    • 2015Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program126 cited
    • 2010Earnings, consumption and lifecycle choices123 cited
    • 2017Homeowner Borrowing and Housing Collateral: New Evidence from Expiring Price Controls120 cited
    • 2015Natural Experiments in Macroeconomics118 cited
    • 2015Debt and the Consumption Response to Household Income Shocks117 cited
    • 2013Information Asymmetries in Consumer Credit Markets: Evidence from Payday Lending102 cited
    • 2016Access to Home Equity and Consumption: Evidence from a Policy Experiment99 cited
    • 2015Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession99 cited
    • 2015Do Banks Pass Through Credit Expansions to Consumers Who Want to Borrow?96 cited