| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26949 |
| 来源ID | Working Paper 26949 |
| How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic | |
| Scott R. Baker; R.A. Farrokhnia; Steffen Meyer; Michaela Pagel; Constantine Yannelis | |
| 发表日期 | 2020-04-06 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | 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 spending increased sharply, particularly in retail, credit card spending and food items. This was followed by a sharp decrease in overall spending. Households responded most strongly in states with shelter-in-place orders in place by March 29th. We explore heterogeneity across partisan affiliation, demographics and income. Greater levels of social distancing are associated with drops in spending, particularly in restaurants and retail. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Financial Economics ; COVID-19 |
| URL | https://www.nber.org/papers/w26949 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584621 |
| 推荐引用方式 GB/T 7714 | Scott R. Baker,R.A. Farrokhnia,Steffen Meyer,et al. How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26949.pdf（2204KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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