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Cited by 365

The DOI matches its Crossref record; 28 of the 28 references it cites were found in a registry or an index.

How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic

Baker, Scott, Farrokhnia, R.A., Meyer, Steffen, Pagel, Michaela, Yannelis, Constantine·2020·National Bureau of Economic Research
DOI 10.3386/w26949
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Abstract

We explore how household consumption responds to epidemics, utilizing transaction-level household financial data to investigate the impact of the COVID-19 virus.As the number of cases grew, households began to radically alter their typical spending across a number of major categories.Initially spending increased sharply, particularly in retail, credit card spending and food items.This was followed by a sharp decrease in overall spending.Households responded most strongly in states with shelter-in-place orders in place by March 29th.We explore heterogeneity across partisan affiliation, demographics and income.Greater levels of social distancing are associated with drops in spending, particularly in restaurants and retail.

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Metadata

Authors
Baker, S., Farrokhnia, R. A., Meyer, S., Pagel, M., & Yannelis, C.
Venue
National Bureau of Economic Research
Publisher
National Bureau of Economic Research
Published
2020-04
DOI
10.3386/w26949
OpenAlex
W3043852299
Cited by
365
References
28
Type
report
Language
en
Open access
closed

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CoChat. (2026). Citation check: How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic. https://app.cochat.ai/papers/10.3386/w26949
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Baker, S., Farrokhnia, R. A., Meyer, S., Pagel, M., & Yannelis, C. (2020). How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic. National Bureau of Economic Research. https://doi.org/10.3386/w26949

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.