Welcome to the 2018 AFS Annual Meeting, being held this year, in conjunction with FPA in Chicago!
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Tuesday, October 2 • 4:30pm - 6:00pm
P103 - The Association between Expectations of Public Transfers and Individual Consumption Decisions: Findings from a Panel Study

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This study examines the association between peoples' current period consumption decisions and their expectations of receiving public transfers in the future. Using the 3 most recent waves of a panel data of elderly respondents 50 years or older, this study finds that expectations of receiving public transfers in the future was positively associated with peoples' current consumption decisions after controlling for a number of socioeconomic and demographic related variables. The findings have immediate policy relevance and provides insight into the financial decision making process of households expecting future public transfers.

Author(s): Young Joo Choung, Swarn Chatterjee

avatar for Swarn Chatterjee

Swarn Chatterjee

Professor, University of Georgia

Tuesday October 2, 2018 4:30pm - 6:00pm CDT
Michigan 2

Attendees (2)