Xing, Jianwei; Zou, Eric; Yin, Zhentao; Wang, Yong - 2022
We study a new consumption stimulus model that leverages mobile payment platforms to dispense massive amounts of small-value, use-it-this-week-or-lose-it digital coupons. We evaluate the effects of one such program in a large Chinese city using novel data of mobile platform transactions of 1...
