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Policy makers responding to COVID-19 need to know people's relative valuation of health over wealth. Loosening and … tightening lockdowns moves a society along a (perceived) health-wealth trade-off and the associated changes have to accord with … the public's relative valuation of health and wealth for maximum compliance. In our survey experiment (N=4,618), we …
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effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a … significant wealth shocks, but these shocks led to modest spending effects and small revisions to expectations regarding future … bequests. Expectations of bequests seem particularly tied to housing wealth. …
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