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The COVID-19 Instruments’ Effectiveness in Mitigating the Pandemic Impact on Spanish Consumption

Universidad de Valencia et al.

Hacienda Pública Española / Review of Public Economics2025https://doi.org/10.7866/hpe-rpe.25.3.4article
AJG 1
Weight
0.50

What the paper says

This study evaluates how the pandemic affected non-durable household spending in 2020. Using panel data from the Spanish Survey of Household Finances, we compare actual expenditures with predicted values from a consumption model. Results reveal smaller individual-level income and spending declines than National Accounts data suggests. The estimated reduction in non-durable consumption is positively related to wealth but negatively to income. Additionally, we regress each individual estimated decline in non-durable spending on a set of indicators for different COVID-19 policy measures. Results indicate that these interventions did not significantly support non-durable expenditure, potentially explaining increased savings during the pandemic.

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https://doi.org/https://doi.org/10.7866/hpe-rpe.25.3.4

Or copy a formatted citation

@article{universidad2025,
  title        = {{The COVID-19 Instruments’ Effectiveness in Mitigating the Pandemic Impact on Spanish Consumption}},
  author       = {Universidad de Valencia et al.},
  journal      = {Hacienda Pública Española / Review of Public Economics},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.7866/hpe-rpe.25.3.4},
}

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The COVID-19 Instruments’ Effectiveness in Mitigating the Pandemic Impact on Spanish Consumption

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.