Showing 1 - 10 of 236,243
We show the recovery in consumer spending in the United Kingdom through the second half of 2020 is unevenly distributed across regions. We utilise Fable Data: a real-time source of consumption data that is a highly correlated, leading indicator of Bank of England and Office for National...
Persistent link: https://www.econbiz.de/10013242820
We use UK transaction-level data during the Covid-19 pandemic to study whether mortgage payment holidays (PH) can act …
Persistent link: https://www.econbiz.de/10013296995
Great Recession, payment relief was more difficult to come by whereas the Coronavirus Aid, Relief, and Economic Security …
Persistent link: https://www.econbiz.de/10014351996
We explore how household consumption responds to epidemics, utilizing transaction-level household financial data to investigate the impact of the COVID-19 virus. As the number of cases grew, households began to radically alter their typical spending across a number of major categories. Initially...
Persistent link: https://www.econbiz.de/10012838181
We review early evidence on how household consumption behavior has evolved over the pandemic and how different groups … findings and challenges to the design of stimulus policies from the pandemic. In conclusion, we identify several open issues …
Persistent link: https://www.econbiz.de/10012318907
across counties over the COVID-19 pandemic and Facebook's Social Connectedness Index (SCI), we find that a 10% rise in SCI … given the pandemic outbreaks first took place in well-connected regions. We also show how the size of aggregate responses …
Persistent link: https://www.econbiz.de/10012834014
consistent with adverse selection during the pandemic, while we do find advantageous selection. Moreover, life insurance … policyholders were more likely to get vaccinated, thus taking ex-post preventive action reducing their pandemic risk. Such positive …
Persistent link: https://www.econbiz.de/10014486194
shock on the use and availability of consumer credit. First, we find that in counties severely affected by the pandemic … increase their outstanding balances. Second, while both local pandemic severity and non-pharmaceutical interventions (NPIs …) have a significantly negative effect on credit use, the pandemic itself is the main driver. Third, we report a drastic …
Persistent link: https://www.econbiz.de/10012832690
their customers who were financially affected by the pandemic. Unlike previous disaster assistance programs that were … typically short in duration and localized, the COVID-19 pandemic affected millions of consumers across the country for a … stimulus and benefit payments, provided some stability to many consumers’ financial circumstances during the pandemic. It is …
Persistent link: https://www.econbiz.de/10013306394
progression of purchasing trends of French households during the coronavirus outbreak. Our results are threefold: First, we …
Persistent link: https://www.econbiz.de/10013259447