Crossley, Thomas F.; Fisher, Paul; Levell, Peter; Low, … - 2026
Different methods of eliciting the marginal propensity to consume give very different distributions. Mean MPCs range … and a filtered q uestion. Survey wording has large effects on (1) the mean MPC, (2) the extensive margin, and (3) how MPCs … vary with payment size, spending horizon, and liquidity. MPCs elicited using a filtered question are much closer to results …