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In textbook economics, this should have had no impact on spending.
Equities account for less than 20% of Chinese households' total financial assets, compared with half in America, so price swings have less impact on spending.
And because of the long-term nature of much research spend, the impact on spending on new activities is greater still.
As for the Republicans, Mr. Dranove would ask them, "Do you have anything meaningful to offer in the debate?" He would note that the overwhelming evidence suggested that malpractice reform would have at best a small impact on spending.
In particular, they seem to think that the relatively upbeat numbers are evidence that that this year's payroll tax increase is not having much of an impact on spending.
Although many commentators focussed on the giveaways to the rich inherent in reducing the taxes payable on dividends and capital gains, these changes had little immediate impact on spending patterns.
Similar(22)
Marketers do not care about it, and it has zero impact on spend".
We need to understand exactly how housing - both social housing and investment in other tenures - impacts on spending elsewhere on public services, and how it relates to quality of life for our citizens.
[End Page 182] We ask whether any unusual developments in the episodes had important impacts on spending.
Midterm elections vs. presidential elections: Former Sen. Alan Simpson (R-Wyo).. Impact of spending on midterm TV ads: Fred Davis Dale Woodss.
Such decisions plausibly move spending and taxes in the same direction, independent of any causal impact of taxes on spending.
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