A Model of the Consumption Response to Fiscal Stimulus Payments

Greg Kaplan, Giovanni L. Violante

NBER Working Paper No. 17338
Issued in August 2011, Revised in January 2014

---- Acknowledgments ----

The authors received support from the National Science Foundation Award No. 1126039. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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