My offical Kellogg home page | Curriculum Vitae | Research

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 ( Slides, Kellogg Insight Summary )

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  • 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

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  • "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)

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  • 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.

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  • "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.

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      See also the papers by my co-author Nicholas S. Souleles