The effects of COVID‐19 policies on consumer spending in Norway

Fenella Carpena, Laurens Swinkels and Dan Zhang

Contemporary Economic Policy, 2024, vol. 42, issue 1, 56-67

Abstract: We examine the effect of COVID‐19 policies on consumer spending using bankcard transactions from Norway. Exploiting variation in COVID‐19 policies over time and across space in the four largest municipalities, we investigate the heterogeneity of policy effects in their number and type. First, we document that the number of restrictions is negatively correlated with spending and exhibits decreasing marginal effects. Second, restrictions do not affect all types of spending equally: restrictions tend to have larger impacts on the sector in which they are targeted. Finally, we find suggestive evidence from a difference‐in‐differences estimation that supports a causal interpretation of our results.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/coep.12627

Related works:
Working Paper: The Effects of COVID-19 Policies on Consumer Spending in Norway (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:coecpo:v:42:y:2024:i:1:p:56-67

Ordering information: This journal article can be ordered from
https://ordering.onl ... 5-7287&ref=1465-7287

Access Statistics for this article

Contemporary Economic Policy is currently edited by Brad R. Humphreys

More articles in Contemporary Economic Policy from Western Economic Association International Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().