Hui Shan

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In 2001, many households received rebate checks as advanced payments of the benefit of the new, 10 percent federal income tax bracket. A survey conducted at the time the rebates were mailed finds that few households said that the rebate led them mostly to increase spending. A follow-up survey in 2002, as well as a similar survey conducted after the attacks(More)
Immergluck for helpful comments. The views expressed here are the authors' and not necessarily those of the Federal Reserve Banks of Atlanta or Boston or the Federal Reserve System. Any remaining errors are the authors' responsibility. Federal Reserve Bank of Atlanta working papers, including revised versions, are available on the Atlanta Fed's Web site at(More)
  • Neil Bhutta, Jane Dokko, Hui Shan, Brian Bucks, Glenn Canner, Kris Gerardi +6 others
  • 2010
NOTE: Staff working papers in the Finance and Economics Discussion Series (FEDS) are preliminary materials circulated to stimulate discussion and critical comment. The analysis and conclusions set forth are those of the authors and do not indicate concurrence by other members of the research staff or the Board of Governors. References in publications to the(More)
We thank staffs of the Board of Governors of the Federal Reserve and of the Federal Reserve Bank of New York, participants at the Federal Reserve System applied microeconomics conference, the Federal Deposit Insurance Corporation Annual Bank Research Conference and seminar participants at Villanova University for valuable comments. The views presented in(More)
This product is part of the RAND Labor and Population working paper series. RAND working papers are intended to share researchers' latest findings and to solicit informal peer review. They have been approved for circulation by RAND Labor and Population but have not been formally edited or peer reviewed. Unless otherwise indicated, working papers can be(More)
and conference participants for helpful comments and discussions. We would like to extend a very special thanks to Michelle Meyer of Bank of America Merrill Lynch who tirelessly worked to ensure that we were on top of data and policy developments in the housing market. West thanks the National Science Foundation for financial support. While the economy(More)
NOTE: Staff working papers in the Finance and Economics Discussion Series (FEDS) are preliminary materials circulated to stimulate discussion and critical comment. The analysis and conclusions set forth are those of the authors and do not indicate concurrence by other members of the research staff or the Board of Governors. References in publications to the(More)
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