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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 pandemic, which diminished over time. This time-varying pattern was driven by the fear of the virus, rather than governme...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Elsevier Science B.V. etc.]
2023
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10122565/ https://www.ncbi.nlm.nih.gov/pubmed/37131530 http://dx.doi.org/10.1016/j.jbankfin.2023.106854 |