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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
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
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
This paper explores whether and why the pandemic differentially altered women and men's consumption behavior. After the 2020 wave of lockdown restrictions were lifted, women reduced consumption more than men. Data on self-reported reasons for consuming less reveals that gender differences in...
Persistent link: https://www.econbiz.de/10013175577
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, preferences, and, hence, spending....
Persistent link: https://www.econbiz.de/10012643267
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, preferences, and, hence, spending....
Persistent link: https://www.econbiz.de/10012665880
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
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...
Persistent link: https://www.econbiz.de/10013300858
Using representative household surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the marginal propensity to consume is signicantly larger for positive than for negative income shocks. Moreover, we discover that the savings position plays a crucial role, as the...
Persistent link: https://www.econbiz.de/10014485520
Expenditure Survey, I find that a yearly cost of at least $70 is needed to rationalize non-participation for a consumer with log …
Persistent link: https://www.econbiz.de/10010293023