The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
The Effects of Fiscal Stimulus: Evidence from the 2009 Cash for Clunkers Program*
Abstract
We evaluate the impact of the 2009 Cash for Clunkers program on short- and medium-run auto purchases. Our empirical strategy exploits variation across U.S. cities in ex ante exposure to the program as measured by the number of “clunkers” in the city as of summer 2008. We find that the program induced the purchase of an additional 370,000 cars in July and August 2009. However, we find strong evidence of reversal; high clunker counties bought fewer autos in the 10 months after the program expired, which offset most of the initial purchases. We find no evidence of an effect on employment, house prices, or household default rates in cities with higher exposure to the program.
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Citations
Cites
Household Leverage and the Recession of 2007–09
Mian, A., & Sufi, A. (2010) · IMF Economic Review · doi:10.1057/imfer.2010.2 · Cited by 404
Self-citation
Cited by
Tax Policy and Heterogeneous Investment Behavior
Zwick, E., & Mahon, J. (2017) · American Economic Review · doi:10.1257/aer.20140855 · Cited by 572
Interest Rate Pass-Through: Mortgage Rates, Household Consumption, and Voluntary Deleveraging
Di Maggio, M., Kermani, A., Keys, B. J., Piskorski, T., Ramcharan, R., Seru, A., & Yao, V. (2017) · American Economic Review · doi:10.1257/aer.20141313 · Cited by 505
Does Machine Translation Affect International Trade? Evidence from a Large Digital Platform
Brynjolfsson, E., Hui, X., & Liu, M. (2018) · doi:10.3386/w24917 · Cited by 408
Does Machine Translation Affect International Trade? Evidence from a Large Digital Platform
Brynjolfsson, E., Hui, X., & Liu, M. (2019) · Management Science · doi:10.1287/mnsc.2019.3388 · Cited by 408
Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program
Agarwal, S., Amromin, G., Ben-David, I., Chomsisengphet, S., Piskorski, T., & Seru, A. (2017) · Journal of Political Economy · doi:10.1086/691701 · Cited by 291
Metadata
- Authors
- Mian, A., & Sufi, A.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2012-07-26
- Volume
- 127
- Issue
- 3
- Pages
- 1107-1142
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W1991702097
- Cited by
- 372
- References
- 1
- FWCI
- 8.99
- Type
- journal article
- Language
- en
- Open access
- closed
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- Mian, A., & Sufi, A. (2012). The Effects of Fiscal Stimulus: Evidence from the 2009 Cash for Clunkers Program*. The Quarterly Journal of Economics. https://doi.org/10.1093/qje/qjs024
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
