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Using new panel data from a representative survey of households in the six largest euro area economies, the paper estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the concern about finances due to Covid-19 from the first...
Persistent link: https://www.econbiz.de/10013250916
Using new panel data from a representative survey of households in the six largest euro area economies, the paper estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the concern about finances due to Covid-19 from the first...
Persistent link: https://www.econbiz.de/10012390462
Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on its transmission mechanism and on comparing the consumption response of urban and rural households, especially in China, is limited. In this paper, we propose two channels...
Persistent link: https://www.econbiz.de/10013454412
Using new panel data from a representative survey of households in the six largest euro area economies, the paper estimates the impact of the COVID-19 crisis on consumption. The panel provides, each month, household-specific indicators of the concern about finances due to COVID-19 from the first...
Persistent link: https://www.econbiz.de/10013251685
Remarkably little is known about the long-term impacts of project aid to lagging poor areas (Chen, Mu et al. 2006, 2008). This paper contributes to the debate about the role of rural transport infrastructure development in explaining the long-term rural development. In line with Grimm and Klasen...
Persistent link: https://www.econbiz.de/10009569607
The Great Recession and the years that followed witnessed a dramatic expansion in the duration of unemployment insurance (UI) benefits available to unemployed workers in the United States. An important motivation for this policy was to stimulate demand by transferring funds to households that...
Persistent link: https://www.econbiz.de/10013019377
Purpose: Given the severity and the length of the crisis caused by the COVID-19 pandemic, information on the financial impact of the pandemic becomes useful to enterprises who wish to arm themselves with strategies and policies, designed to combat the effects of similar crises. Such information...
Persistent link: https://www.econbiz.de/10013489596
In this paper we estimate the effect of the Mexican conditional cash transfer program, Oportunidades, on consumption, and we explore some issues related to participation to the program and to the estimation of treatment effects. We discuss the comparability of treatment and control areas,...
Persistent link: https://www.econbiz.de/10013155471
We use a novel retail panel with detailed transaction records to study the effect of the Supplemental Nutrition Assistance Program (SNAP) on household spending. We use administrative data to motivate three approaches to causal inference. The marginal propensity to consume SNAP-eligible food...
Persistent link: https://www.econbiz.de/10012927481
This paper examines the effect of COVID-19 policies on consumer spending using bank card transaction data from Norway. Taking advantage of variation in COVID-19 policies over time and across space in the four largest municipalities in the country, we investigate the heterogeneity of effects of...
Persistent link: https://www.econbiz.de/10014353565