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. Author manuscript; available in PMC: 2013 Aug 20.
Published in final edited form as: Am Econ J Econ Policy. 2012 Aug;4(3):216–50. doi: 10.1257/pol.4.3.216

Table 12.

Comparison of Individual Responses across Policies

Percent of individuals who 2008 Tax rebate 2009 Hypothetical payment
Mostly spent this one-time payment, but mostly saved/paid debt with lower withholding 14 13
Mostly saved/paid debt with this one-time payment, but mostly spent lower withholding 3 4
Reported different forms of “economic” saving 15 11
Had the same response to both programs 68 72
Memo: Number of respondents 471 241

Note: Authors’ weighted tabulations of the May and July 2009 surveys for the tax rebates and July 2009 for the hypothetical retiree payments.