| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15101 |
| DP15101 The Distributional Impact of the Pandemic | |
| Sinem Hacioglu Hoke; Diego Känzig; Paolo Surico | |
| 发表日期 | 2020-07-26 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | The top quartile of the income distribution accounts for almost half of the pandemic-related decline in aggregate consumption, with expenditure for this group falling much more than income. In contrast, the bottom quartile of the income distribution has seen the smallest spending cuts and the largest earnings drop but their total incomes have fallen by much less because of the increase in government benefits. The decline in consumers' spending preceded the introduction of the lockdown, whose partial lifting has triggered a stronger recovery in sectors with a lower contract rate. The largest spending contractions are concentrated in the most affluent regions. These conclusions are based on detailed high-frequency transaction data on spending, earnings and income from a large Fintech company in the United Kingdom. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | Spending Earnings Income Benefits Heterogeneity Pandemic |
| URL | https://cepr.org/publications/dp15101 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544057 |
| 推荐引用方式 GB/T 7714 | Sinem Hacioglu Hoke,Diego Känzig,Paolo Surico. DP15101 The Distributional Impact of the Pandemic. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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