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Marginal propensity to consume (MPC) out of income after job loss in the United States from 2008 to 2020, by era

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Source

Release date

August 2021

Region

United States

Survey time period

2008 to 2020

Supplementary notes

Marginal propensity to consume (MPC) values are computed from a regression of spending changes on income changes and a number of controls such as, income level, liquid balances, and demographic variables.

Citation formats

Marginal propensity to consume (MPC) after job loss in the U.S. 2008 to 2020, by era

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 18, 2021
During the recent economic recession due to the COVID-19 pandemic, it was found that the marginal propensity to consume (MPC) out of income after job loss came to **** cents per one U.S. dollar in the United States between January and October 2020. MPC is the aggregate proportion of income that a consumer would spend on the consumption of goods rather than saving it.
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