It takes the average reader and 52 minutes to read Financial Concerns and the Marginal Propensity to Consume in COVID Times: Evidence from UK Survey Data by Bruno Albuquerque
Assuming a reading speed of 250 words per minute. Learn more
We study how household concerns about their future financial situation may affect the marginal propensity to consume (MPC) during the COVID-19 pandemic. We use a representative survey of UK households to compute the MPC from a hypothetical transfer of £500. We find that household expectations play a key role in determining differences in MPCs across households: households concerned about not being able to make ends meet have a 20% higher MPC than other households. Our findings suggest that policies targeted to vulnerable and financially distressed households may prove more effective in stimulating demand than providing stimulus payments to all households.
Financial Concerns and the Marginal Propensity to Consume in COVID Times: Evidence from UK Survey Data by Bruno Albuquerque is 52 pages long, and a total of 13,104 words.
This makes it 18% the length of the average book. It also has 16% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 11 minutes to read Financial Concerns and the Marginal Propensity to Consume in COVID Times: Evidence from UK Survey Data aloud.
Financial Concerns and the Marginal Propensity to Consume in COVID Times: Evidence from UK Survey Data is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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