Fiscal policies and household consumption during the COVID-19 pandemic: A review of early evidence
Andreas Hackethal and
Annika Weber
No 76, SAFE White Paper Series from Leibniz Institute for Financial Research SAFE
Abstract:
We review early evidence on how household consumption behavior has evolved over the pandemic and how different groups of households have responded to fiscal stimulus programs. Due to the scarcity of evidence for Europe, our review focuses on evidence from the US. Notwithstanding the institutional and demographic differences, we highlight generalizable findings and challenges to the design of stimulus policies from the pandemic. In conclusion, we identify several open issues for discussion.
Keywords: Household Finance; Consumption; COVID-19; Stimulus (search for similar items in EconPapers)
JEL-codes: D14 E21 E62 E71 G51 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:safewh:76
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