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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
, we show that the gender of the recipient has an effect on the structure of expenditure shares. Targeting transfers to … women increases the expenditure share on food by about 4 to 5%. To study the allocation of expenditures within the food …
Persistent link: https://www.econbiz.de/10011534135
, we show that the gender of the recipient has an effect on the structure of expenditure shares. Targeting transfers to … women increases the expenditure share on food by about 4 to 5%. To study the allocation of expenditures within the food …
Persistent link: https://www.econbiz.de/10011521158
We estimate the consumption response of Italian households to the "Euro80 tax bonus" intro-duced in 2014, using the panel component on the Survey of Household Income and Wealth. We find that households that received the tax rebate increased their monthly consumption of food and means of...
Persistent link: https://www.econbiz.de/10011719931
an effect on the structure of expenditure shares. Targeting transfers to women increases the expenditure share on food by … about 4 to 5 percentage points. At low levels of food expenditure, we observe a shift towards a more nutritious diet as a …
Persistent link: https://www.econbiz.de/10011865448
As part of Germany’s fiscal response to the Covid-19 pandemic, parents received three payments totalling e450 per child. Randomization in the payment dates and daily scanner data allow us to identify the effects of these transfers on household spending. We find a significant but small spending...
Persistent link: https://www.econbiz.de/10013268076
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
This paper introduces the Consumer Expectations Survey (CES), a new online, high frequency panel survey of euro area consumers' expectations and behaviour. The paper also investigates whether public perceptions about fiscal support measures introduced during the pandemic have influenced spending...
Persistent link: https://www.econbiz.de/10012818792
MPCs were directly elicited from a representative sample of UK adults in July 2020 using receipt of a hypothetical unanticipated, one-time income payment. Reported MPCs are modest, around 11% on average. They are higher, but still modest, for individuals in households with high current needs....
Persistent link: https://www.econbiz.de/10012800437
MPCs were directly elicited from a representative sample of UK adults in July 2020 using receipt of a hypothetical unanticipated, one-time income payment. Reported MPCs are modest, around 11% on average. They are higher, but still modest, for individuals in households with high current needs....
Persistent link: https://www.econbiz.de/10012612848