评估COVID-19对使用银行交易的消费的异质性影响

IF 1.3 3区 经济学 Q3 ECONOMICS
Selien De Schryder, Nikolaos Koutounidis, Koen Schoors, Johannes Weytjens
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引用次数: 0

摘要

通过消费者异质性的棱镜,流行病冲击对宏观经济的传导是本文的重点。基于丰富的银行账户和交易微观数据集,我们评估了当地COVID-19严重程度、政府应对病毒传播的措施和疫苗接种率对比利时家庭消费行为的影响。我们发现,生活在COVID-19高阳性率和更严格遏制措施地区的家庭,消费减少得更多。然而,这些影响的相关性在大流行期间发生了变化。较高的地方疫苗接种率显著抵消了这些对家庭消费的负面影响。此外,我们的研究强调,这些因素对消费的影响在不同收入、流动财富和年龄特征的家庭中存在明显差异。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Assessing the heterogeneous impact of COVID-19 on consumption using bank transactions
The transmission of the pandemic shock to the macroeconomy through the prism of consumer heterogeneity is the focal point of this paper. Based on a rich bank account and transactions micro dataset, we assess the roles of local COVID-19 severity, government measures against the spread of the virus, and vaccination rates for households’ consumption behavior in Belgium. We find that households living in areas that experienced high COVID-19 positivity rates and more stringent containment measures, decreased their consumption more. The relevance of these effects, however, shifted over the course of the pandemic. Higher local vaccination rates significantly counteracted these negative impacts on household consumption. Furthermore, our study highlights that the impact of these factors on consumption varied distinctly across households with different income, liquid wealth, and age characteristics.
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来源期刊
CiteScore
2.50
自引率
7.10%
发文量
53
审稿时长
76 days
期刊介绍: Since its inception in 1979, the Journal of Macroeconomics has published theoretical and empirical articles that span the entire range of macroeconomics and monetary economics. More specifically, the editors encourage the submission of high quality papers that are concerned with the theoretical or empirical aspects of the following broadly defined topics: economic growth, economic fluctuations, the effects of monetary and fiscal policy, the political aspects of macroeconomics, exchange rate determination and other elements of open economy macroeconomics, the macroeconomics of income inequality, and macroeconomic forecasting.
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