Is a Dollar a Dollar? How Transfer Design Shapes Household Spending -- by Therese Bonomo, Krista J. Ruffini, Diane Whitmore Schanzenbach

We thank Jeffrey Campbell, Karen Dynan, Doug Elmendorf, Hilary Hoynes, Ezra Karger, Jonathan Parker, Jesse Rothstein, seminar participants at Dartmouth, Princeton, UW-Madison, Indiana University, and Georgetown for helpful comments. Researchers’ own analyses calculated (or derived) based in part on data from Nielsen Consumer LLC and marketing databases provided through the NielsenIQ Datasets at the Kilts Center for Marketing Data Center at The University of Chicago Booth School of Business. The conclusions drawn from the NielsenIQ data are those of the researcher(s) and do not reflect the views of NielsenIQ. NielsenIQ is not responsible for, had no role in, and was not involved in analyzing and preparing the results reported herein. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.