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Helicopter money in Europe: New evidence on the marginal propensity to consume across European households

The recent spread of COVID-19 has led to the worst economic crisis since the 1930s. To boost demand after the crisis, direct monetary transfers to households are being discussed. Using novel microdata from the Eurosystem Household Finance and Consumption Survey (HFCS), we study how much of such a tr...

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Detalles Bibliográficos
Autores principales: Drescher, Katharina, Fessler, Pirmin, Lindner, Peter
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7382353/
https://www.ncbi.nlm.nih.gov/pubmed/32834238
http://dx.doi.org/10.1016/j.econlet.2020.109416