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Fear of Covid-19 contagion : the idiosyncratic effects of an aggregate pandemic shock
Kikuchi, Junichi; Nagao, Ryoya; Nakazono, Yoshiyuki - 2021
We examine how the fear of COVID-19 contagion influences consumer expenditure patterns. We show that the consumption … expenditure responses to the spread of the COVID-19 pandemic are significantly heterogeneous across generations. We find that the … younger generation. These heterogeneous responses are likely to be due to the fear of the COVID-19 infection. …
Persistent link: https://www.econbiz.de/10012665540
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Card spending dynamics in Turkey during the COVID-19 pandemic
Kantura, Zeynep; Özcan, Gülserim - In: Central Bank review / Central Bank of the Republic of Turkey 21 (2021) 3, pp. 71-86
and restrictions and fear of job/income loss mainly explain the overall impact of COVID-19 on aggregate demand. We also …
Persistent link: https://www.econbiz.de/10012650133
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Fear of COVID-19 Contagion : The Idiosyncratic Effects of an Aggregate Pandemic Shock
Kikuchi, Junichi; Nagao, Ryoya; Nakazono, Yoshiyuki - 2021
Using a survey on consumer expenditure in Japan, this study examines how the fear of COVID-19 contagion influences … consumer expenditure patterns. We show that the consumption expenditure responses to the spread of the COVID-19 pandemic are … to be due to the fear of the COVID-19 infection. The finding suggests that heterogeneous perceptions regarding the fear …
Persistent link: https://www.econbiz.de/10013221192
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Stimulating Consumption at Low Budget – Evidence from a Large-Scale Policy Experiment Amid the COVID-19 Pandemic
Liu, Qiao; Shen, Qiaowei; Li, Zhenghua; Chen, Shu - 2021
We use a novel panel with detailed transaction records of more than one million de-identified individuals to study the effect of a large-scale Chinese government-issued digital coupon program on consumer spending. At the core of this stimulus program are a set of salient features that drive the...
Persistent link: https://www.econbiz.de/10013240265
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Pandemic Payment Patterns
Jonker, Nicole; van der Cruijsen, Carin; Bijlsma, Michiel; … - 2021
COVID-19 has temporarily changed the relative cost and benefits of different payment methods: cash has become more costly in terms of health risks, ease of use and likelihood of acceptance, whereas debit card usage has become less costly. As a result, consumers have shifted away from cash. For...
Persistent link: https://www.econbiz.de/10013241638
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The Effect of COVID-19 Lockdown and the Subsequent Re-Opening on Consumption in Iran
Hoseini, Mohammad; Valizadeh, Abolmohsen - 2021
We use country-wide data on all electronic payments in point-of-sale (POS) and online terminals of Iran to study the change in the pattern of consumption and online-offline substitution during the COVID-19 lockdown and after the relaxation of restrictions in May and June. Using a...
Persistent link: https://www.econbiz.de/10013251651
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Pandemic Payment Patterns
Jonker, Nicole; van der Cruijsen, Carin; Bijlsma, Michiel; … - 2021
COVID-19 has temporarily changed the relative cost and benefits of different payment methods: cash has become more costly in terms of health risks, ease of use and likelihood of acceptance, whereas debit card usage has become less costly. As a result, consumers have shifted away from cash. For...
Persistent link: https://www.econbiz.de/10013252067
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Fear of COVID-19 Contagion : The Idiosyncratic Effects of an Aggregate Pandemic Shock
Kikuchi, Junichi; Nagao, Ryoya; Nakazono, Yoshiyuki - 2021
We examine how the fear of COVID-19 contagion influences consumer expenditure patterns. We show that the consumption … expenditure responses to the spread of the COVID-19 pandemic are significantly heterogeneous across generations. We find that the … younger generation. These heterogeneous responses are likely to be due to the fear of the COVID-19 infection …
Persistent link: https://www.econbiz.de/10013322548
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Household Behavior (Consumption, Credit and Investments) During the COVID-19 Pandemic
Yannelis, Constantine; Amato, Livia - 2022
The 2020 Covid-19 pandemic led to a large number of studies in household finance, using new high-frequency data in close to real time. This paper surveys household behavior during the pandemic, with a focus on consumption, government policies, credit and investment. The pandemic induced a rapid...
Persistent link: https://www.econbiz.de/10014236482
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Pandemic consumption
Bachmann, Ruediger; Bayer, Christian; Kornejew, Martin - 2023
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...
Persistent link: https://www.econbiz.de/10014252555