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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...
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of large prizes (USD 8,300-150,000) is slightly below one half. While the consumption responses we find are high, their …
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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...
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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 … financial constraints more frequently. Men adapted more to the limited consumption possibilities during the lockdown and …
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In evaluating surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the marginal propensity to consume is significantly larger for positive than for negative income shocks. This result contradicts a prediction from the lifecycle permanent income model with...
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