We study the impact of the COVID-19 pandemic on euro area inflation and how it compares to the experiences of other countries, such as the United States, over the two-year period 2020-21. Our model-based calibration exercises deliver four key results: (1) compositional effects, or the switch...

This study aims to identify middle-class consumers’ habits in four countries during the pandemic of 2020, with special attention to analogous consumers’ reactions to extraordinary circumstances during the recession of 2008. Furthermore, this study tried to detect the impact of the pandemic...

Purpose - This study aims to investigate the motives of mobile payment adoption from both customers’ and retailers’ perspectives in Sri Lanka during the COVID-19 pandemic period. It also aims to compare the motives of mobile payment adoption across rural and urban contexts....

In terms of identifying marketing strategies which have been successfully employed within the COVID-19 pandemic in Sri Lanka, it can be identified that e-marketing tools have played a major role within the time. Consumer behavior patterns have widely changed during the pandemic time letting...

The COVID-19 has hit on almost every aspect of people’s lives and it is one of the critical challenge people have faced since the second world war (Hoekstra & Leeflang, 2020). From the birth of civilization to the present day, people have adapted to a wide range of "conditions or changes,"...

We explore the relationship between cash and other payment instruments using the outbreak of the COVID-19 pandemic as a natural experiment exogenously affecting both the payment industry and consumers’ habits. We rely on Google search data, as well as on the official series of new cases of...

We conducted a large-scale household survey in November 2020 to study how altering the time frame of a message (temporal framing) regarding an imminent positive income shock affects consumption plans. The income shock derives from the abolishment of the German solidarity surcharge on personal...

Since household consumption depends among others on income, it will be of interest to examine the change of household consumption structure due to income changes. This will be useful to supply chain management as well as policy makers. Our sample refers to Western Europe, USA and Japan during...

It is often claimed that technology improves product quality, which in turn increases consumption although the product price goes up. The question is if this still holds true at national level and especially after the outburst of the economic crisis. Present model hints a major problem that of...