in consumption in five key sectors: tourism, hospitality, services, retail, and public transports. We identify a large …-term sectoral consumption shifts may occur. …

in consumption in five key sectors: tourism, hospitality, services, retail, and public transports. We identify a large …-term sectoral consumption shifts may occur. …

In this paper we estimate the effect of government consumption shocks on GDP using a panel of 21 developing economies … consumption shocks are usually followed by monetary policy tightening in developing economies with flexible regimes. Our … hand, we find that government consumption shocks have better multipliers in developing economies during fixed regimes …

In this paper we estimate the effect of government consumption shocks on GDP using a panel of 21 developing economies … consumption shocks are usually followed by monetary policy tightening in developing economies with flexible regimes. Our … hand, we find that government consumption shocks imply higher multipliers in developing economies during fixed regimes …

to account for anticipation effects on consumption. We investigate this using high-frequency spending and balance sheet … with a standard buffer-stock consumption model, and implies that it is less effective to target stimulus to low liquidity …

We review early evidence on how household consumption behavior has evolved over the pandemic and how different groups …

We study the cyclical dynamics of consumption in the euro area (EA) and the large EA countries by distinguishing … cross-country heterogeneity in how different factors (including durable-specific ones) explain consumption; (iii) the … strength of spillovers from durable to nondurable consumption, as predicted by theory, is empirically correlated with how much …