COEP Replication Package for "The Effects of COVID-19 Policies on Consumer Spending in Norway"
Principal Investigator(s): View help for Principal Investigator(s) Fenella Carpena, Oslo Business School, Oslo Metropolitan University; Laurens Swinkels, Erasmus University Rotterdam; Dan Zhang, Oslo Business School, Oslo Metropolitan University
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| replication | 09/05/2023 10:04:AM |
Project Citation:
Project Description
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 evidence from a difference-in-differences estimation that supports a causal interpretation of our results.
Scope of Project
D12 Consumer Economics: Empirical Analysis
E21 Macroeconomics: Consumption; Saving; Wealth
Related Publications
Published Versions
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.