Arbeitspapier

Fiscal policies and household consumption during the COVID-19 pandemic: A review of early evidence

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.

Language
Englisch

Bibliographic citation
Series: SAFE White Paper ; No. 76

Classification
Wirtschaft
Household Saving; Personal Finance
Macroeconomics: Consumption; Saving; Wealth
Fiscal Policy
Macro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on the Macro Economy‡
Subject
Household Finance
Consumption
COVID-19
Stimulus

Event
Geistige Schöpfung
(who)
Hackethal, Andreas
Weber, Annika
Event
Veröffentlichung
(who)
Leibniz Institute for Financial Research SAFE
(where)
Frankfurt a. M.
(when)
2020

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hackethal, Andreas
  • Weber, Annika
  • Leibniz Institute for Financial Research SAFE

Time of origin

  • 2020

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