consumption. I find that aggregate consumption would have fallen by 16.7 percent in the absence of public transfers and a … quarantine flexibilization policy. Consumption would still fall by 10.2 percent with a quarantine flexibilization policy but … consumption was still 6.2 percent below its pre-pandemic period. Relative to a scenario with quarantine flexibilization but …

economies during times of crisis. We find some limited evidence in its favour: if public consumption is reduced in response to a … fiscal crisis (as defined by a high level of debt), private consumption does seem to increase. However the size of the effect … is smaller than that typically found in similar studies. Furthermore, the increase in private consumption is not usually …

This paper examines the effect of minimum wage changes on local aggregate inflation and consumption growth. The paper …-wage workers. Interestingly, consumers adjust their real food consumption when minimum wages rise, suggesting that some workers …

In this paper we estimate the effect of the Mexican conditional cash transfer program, Oportunidades, on consumption … to induce many eligible households to participate, and find positive effects on consumption. …

expenditure or their consumption of directly child-related goods and services. Instead, eligible mothers stayed out of the labor …