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Consumption responses to COVID-19 payments: Evidence from a natural experiment and bank account data()
We document households’ spending responses to a stimulus payment in Japan during the COVID-19 pandemic. In response to the pandemic, the Japanese government launched a universal cash entitlement program offering a sizable lump sum of money to all residents to alleviate the financial burden of the pa...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
The Author(s). Published by Elsevier B.V.
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8450669/ https://www.ncbi.nlm.nih.gov/pubmed/34566217 http://dx.doi.org/10.1016/j.jebo.2021.05.006 |