This study measures the extent to which Seoul's COVID-19 shopping coupon program affects individuals' consumption …. Unlike other COVID-19-related transfer programs, the Seoul Metropolitan government provides consumption coupons depending on …-in-differences method. We find that the program increased consumption by 18% while it was ongoing and by 6% afterward. We find substantial …

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

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The … of a permanent income shock. Compared to existing empirical estimates for the same dataset, our findings suggest that …

This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … household which experiences an exogenous shock of 10% of its total income changes both its food and total non … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households …

effects. Combining the labor shock and price shock simultaneously, the simulations in this paper show an increase in poverty …

We examine the short-term impact of COVID-19 on consumption spending and labor market outcomes. Using monthly panel … data of individuals mainly aged 50-70 in Singapore, we find that COVID-19 reduced consumption spending and labor market … household consumption spending by 22.8% and labor income by 5.9% in April. Probability of full-time work also went down by 1 …