Household spending responses to the economic impact payments of 2020: Evidence from the consumer expenditure survey
ABSTRACT Using the Consumer Expenditure Survey and variation in amount, receipt, and
timing of receipt of Economic Impact Payments (EIPs) authorized by the CARES Act, this …
timing of receipt of Economic Impact Payments (EIPs) authorized by the CARES Act, this …
[HTML][HTML] Macroeconomic consequences of the COVID-19 pandemic
We estimate the economic impacts of COVID-19 in the US using a disaster economic
consequence analysis framework implemented by a dynamic computable general …
consequence analysis framework implemented by a dynamic computable general …
[HTML][HTML] The Covid-19 shock and consumer credit: Evidence from credit card data
We study the dynamic effect of the COVID-19 shock on credit card use in 2020. Local case
incidence had a strong negative effect on credit card spending in the early months of the …
incidence had a strong negative effect on credit card spending in the early months of the …
Latent heterogeneity in the marginal propensity to consume
We estimate the unconditional distribution of the marginal propensity to consume (MPC)
using clustering regression applied to the 2008 economic stimulus payments. By deviating …
using clustering regression applied to the 2008 economic stimulus payments. By deviating …
Economic impact payments and household spending during the pandemic
Households spent only a small fraction of their 2020 Economic Impact Payments (EIPs)
within a month or two of arrival, consistent with pandemic constraints on spending, other …
within a month or two of arrival, consistent with pandemic constraints on spending, other …
Uncovering retail trading in bitcoin: The impact of COVID-19 stimulus checks
A Divakaruni, P Zimmerman - Management Science, 2024 - pubsonline.informs.org
In April 2020, the US government sent economic impact payments (EIPs) directly to
households as part of its measures to address the COVID-19 pandemic. We characterize …
households as part of its measures to address the COVID-19 pandemic. We characterize …
The how and why of household reactions to income shocks
R Colarieti, P Mei, S Stantcheva - 2024 - nber.org
This paper studies how and why households adjust their spending, saving, and borrowing in
response to transitory income shocks. We leverage new large-scale survey data to first …
response to transitory income shocks. We leverage new large-scale survey data to first …
Is restaurant crowdfunding immune to the COVID-19 pandemic?
Purpose In 2020, the COVID-19 pandemic had a devastating impact on global health care
and the economy. The restaurant industry has been especially hit hard by the statewide …
and the economy. The restaurant industry has been especially hit hard by the statewide …
Acts of Congress and COVID-19: A literature review on the impact of increased unemployment insurance benefits and stimulus checks
E Falcettoni, VM Nygaard - 2020 - books.google.com
This chapter provides an overview of economic studies analyzing the impact of the increase
in unemployment insurance (UI) benefits and the distribution of stimulus checks prescribed …
in unemployment insurance (UI) benefits and the distribution of stimulus checks prescribed …
[HTML][HTML] Financial concerns and the marginal propensity to consume in COVID times: Evidence from UK survey data
B Albuquerque, G Green - Journal of Macroeconomics, 2023 - Elsevier
We study how household concerns about their future financial situation may affect the
marginal propensity to consume (MPC) during the COVID-19 pandemic. We use a …
marginal propensity to consume (MPC) during the COVID-19 pandemic. We use a …