• MPC Heterogeneity and Household Balance Sheets 

      Fagereng, Andreas; Holm, Martin Blomhoff; Natvik, Gisle James (Journal article; Peer reviewed, 2020)
      We use sizable lottery prizes in Norwegian administrative panel data to explore how transitory income shocks are spent and saved over time, and how households’ marginal propensities to consume (MPCs) vary with household ...