of large prizes (USD 8,300-150,000) is slightly below one half. While the consumption responses we find are high, their …

business closures preclude regional relocation of offline consumption. …

This paper examines how households adjusted their consumption behavior in response to COVID-19 infection risk during … the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical … Office covering the second wave of COVID-19 infections from September to November 2020. Households reduced their consumption …

effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … the impact of the shock on individuals’ economic choices. Wealth shocks are large across the population, but more …

Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or …

relatively ineffective in stimulating consumption with regards to their costs when compared to other measures such as (targeted …

consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead …

per capita) mediated by product vulnerabilities. We account for the precise lag between when the COVID-19 shock hit the … a lower degree of complexity negatively affected exports as a result of this shock. …

How much and over what horizon do households adjust their consumption in response to stock market wealth shocks? We …

We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the … smaller for families with more appetite to consume. For the MPC, we document greater responses of non-energy consumption when … subsidies on energy for Belgian low-income households are much more effective in supporting non-energy consumption than the …