Downloads
![Image representing the file: consumption.pdf](/sites/default/files/output_url_files/consumption.pdf_0.jpg)
consumption.pdf
PDF | 219.63 KB
<p>This paper is intended to review what we know about how responsive consumption and savings choices are to tax incentives (interest rate changes).</p>
Authors
![Matthew Wakefield](/sites/default/files/styles/square_desktop/public/2022-08/Wakefield_cropped.jpg?itok=syMVUpoD)
Research Associate University of Bologna
Matthew is Associate Professor at the University of Bologna focusing on consumption and savings choices and how policy affects them.
![Orazio Attanasio](/sites/default/files/styles/square_desktop/public/2022-06/Orazio_Attanasio.jpg?itok=Anbs4JXx)
Research Fellow
Orazio is an International Research Fellow at the IFS, a Professor at Yale and a Research Associate at the National Bureau of Economic Research.
Report details
- Publisher
- IFS
Suggested citation
Attanasio, O and Wakefield, M. (2007). A review of the effects of taxes on consumption and saving. London: IFS. Available at: https://ifs.org.uk/publications/review-effects-taxes-consumption-and-saving (accessed: 30 June 2024).
More from IFS
Understand this issue
![Child drawing](/sites/default/files/styles/square_desktop/public/2024-04/child-drawing_0.jpg?itok=Qq8x74st)
Sure Start achieved its aims, then we threw it away
15 April 2024
![Nice houses with city in the background](/sites/default/files/styles/square_desktop/public/2023-12/nice-houses-with-city-in-background_0.jpg?itok=TDx-TwSe)
Social mobility and wealth
12 December 2023
![Row of terraced houses](/sites/default/files/styles/square_desktop/public/2023-07/Row-of-terraced-houses.jpg?itok=V4XeVn72)
How important is the Bank of Mum and Dad?
15 December 2023
Policy analysis
![Shopping street](/sites/default/files/styles/square_desktop/public/2024-06/Street-scene-.jpg?itok=R39cR6Xp)
How do the last five years measure up on levelling up?
19 June 2024
![Terrace housing](/sites/default/files/styles/square_desktop/public/2024-06/terrace%20housing%20feature.jpg?itok=eloSiGLE)
Making mortgage guarantees permanent will help some first-time buyers, but only if they can afford a bigger mortgage
6 June 2024
![Crowd of commuters](/sites/default/files/styles/square_desktop/public/2024-05/commuting%20crowd%20feature.jpg?itok=KNgqVlqm)
What has happened to earnings since 2019?
31 May 2024
Academic research
![Fiscal Studies - 2024 - June cover](/sites/default/files/styles/portrait/public/2024-06/Fiscal%20Studies%20-%202024%20-%20-%20June%20cover.jpg?itok=mQEwRc_w)
Income inequality in Ireland, 1987–2019
28 June 2024
![Fiscal Studies - 2024 - June cover](/sites/default/files/styles/portrait/public/2024-06/Fiscal%20Studies%20-%202024%20-%20-%20June%20cover.jpg?itok=mQEwRc_w)
Components of the evolution of income inequality in Sweden, 1990–2021
28 June 2024
![Working Paper Cover](/sites/default/files/styles/portrait/public/2024-04/WP202413-Labour-market-inequality-and-the-changing-life-cycle-profile-of-male-and-female-wages_Page_001.jpg?itok=FGFp0iFj)
Labour market inequality and the changing life cycle profile of male and female wages
15 April 2024