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Web 2 oct 2021 nbsp 0183 32 The Car Allowance Rebate System was a U S government program that allowed people to trade in used vehicles that did not meet government specified fuel economy standards Under President Barack
Web 1 sept 2022 nbsp 0183 32 S CARS AND THE GREAT RECESSION 2321 year on year basis in 2008Q4 The corresponding decline for spending on motor vehicles was 24 The car spending decline was persistent and derived from both a large contrac tion in the extensive margin and unusually a signi cant decline in the intensive margin
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Web 4 avr 2016 nbsp 0183 32 Yevgenia Nayberg In the wake of the global financial crisis in 2008 Americans stopped buying new cars Not completely of course annual new car sales decreased by an order of magnitude from about
Web 1 janv 2022 nbsp 0183 32 United States households consumption expenditures and car purchases collapsed during the Great Recession and more so than income changes would have predicted Using CEX data we show that both
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Web 14 oct 2022 nbsp 0183 32 United States households consumption expenditures and car purchases collapsed during the Great Recession and more so than income changes would have predicted Using CEX data we show that both the extensive and the intensive car spending margins contracted sharply in the Great Recession
Web Issue Date October 2020 US households consumption and car purchases collapsed during the Great Recession for reasons that are still poorly understood In this paper we use the Consumer Expenditure Survey to derive cohort and business cycle decompositions of consumption profiles
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https://www.econometricsociety.org/publications/econometri…
Web 1 sept 2022 nbsp 0183 32 S CARS AND THE GREAT RECESSION 2321 year on year basis in 2008Q4 The corresponding decline for spending on motor vehicles was 24 The car spending decline was persistent and derived from both a large contrac tion in the extensive margin and unusually a signi cant decline in the intensive margin
https://www.federalreserve.gov/econres/notes…
Web 22 juin 2017 nbsp 0183 32 In that paper we linked the collapse in new auto sales during the Great Recession to the reduced availability of auto loans We plan to publish and regularly update these data on sources of auto
Web 1 sept 2022 nbsp 0183 32 S CARS AND THE GREAT RECESSION 2321 year on year basis in 2008Q4 The corresponding decline for spending on motor vehicles was 24 The car spending decline was persistent and derived from both a large contrac tion in the extensive margin and unusually a signi cant decline in the intensive margin
Web 22 juin 2017 nbsp 0183 32 In that paper we linked the collapse in new auto sales during the Great Recession to the reduced availability of auto loans We plan to publish and regularly update these data on sources of auto
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