My offical Kellogg home page
| Curriculum Vitae
Jonathan A. Parker
My research study on the effects of fiscal policy on consumption spending of households:
"Consumer Spending and the Economic Stimulus Payments of 2008"
with N. Souleles, D. Johnson, and R. McClelland, February 2010
Kellogg Insight Summary )
Preliminary estimates of the imact of the 2008 Economic Stimulus Payments on household spending using the Homescan data
on spending (with C. Broda):
Slides of talk at the Fed September 2008, and
Kellogg Insight article and video interview
My study of the 2003 tax rebates:
"The Response of Consumer Spending to Rebates During an Expansion: Evidence from the 2003 Child Tax Credit"
with D. Johnson and N. Souleles, April 2009
"Household Expenditure and the Income Tax Rebates of 2001"
with D. Johnson and N. Souleles, American Economic Review, Vol 96 No 5, (December 2006) 1589-1610.
Overviews and summaries of the work on the 2001 rebates can be found in:
Options for Responding to
Short-Term EconomicWeakness by the Congressional Budget Office
Summary from NBER Digest (April 2005)
If, When, How:
A Primer on Fiscal Stimulus Fiscal Policy, Competitiveness, Macroeconomics, Financial Markets, Financial Institutions
by Douglas W. Elmendorf and Jason Furman
An article in Kellogg Insight
Some other related work of mine:
"The Reaction of Household Consumption
to Predictable Changes in Social Security Taxes,"American
Economic Review, Vol 89 No 4, (September 1999) 959-73.
"Spendthrift in America? On two decades
of decline in the U.S. saving rate," in Ben Bernanke and Julio Rotemberg
eds, NBER Macroeconomics Annual 1999, Cambridge: MIT Press,
Vol 14, (2000) 317-70.
See also the papers by my co-author Nicholas S. Souleles