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How effective are universal payments for raising consumption? Evidence from a natural experiment
We investigate the impact of the universal stimulus payments (100–350 thousand KRW per person) distributed by the largest Korean province of Gyeonggi during the COVID-19 pandemic on household consumption using large-scale credit and debit card data from Korea Credit Bureau. As the neighboring Incheo...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer Berlin Heidelberg
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10041496/ https://www.ncbi.nlm.nih.gov/pubmed/37361952 http://dx.doi.org/10.1007/s00181-023-02410-0 |