Estimating the impact of fiscal stimulus on household expenditure

本项目旨在衡量政府意外发放奖金对家庭支出的影响。对这一参数的精确测量有助于改善澳大利亚和海外的财政政策，同时让研究人员更准确地了解家庭对可支配收入意外增加的反应。这项研究还将在方法上做出贡献，因为我们将使用澳大利亚以前没有实施过的研究方法，即利用家庭间支付的随机时间，结合独特的家庭层面每周支出面板数据集。该项目将把使用这一方法的结果与调查和时间序列分析等其他战略的结果进行比较。

This project aims to measure the impact on household expenditure of unexpected government bonus payments. Precise measures of this parameter can help improve fiscal policy in Australia and overseas, whilst giving researchers a more precise understanding of how households react to unexpected increases in disposable income. This research will also make a methodological contribution, since we will be using a research methodology not previously implemented in Australia, which is to exploit the random timing of payments across households, combined with a unique household-level panel dataset on weekly expenditure. The project will compare results using this approach with results from other strategies, such as surveys and time series analysis.