References
- Abadie, A. and J. Gardeazabal. 2003. "The economic costs of conflict: A case study of the Basque Country," American Economic Review, 93(1): 113-132. https://doi.org/10.1257/000282803321455188
- Agarwal, S., C. Liu, and N. S. Souleles. 2007. "The Reaction of Consumer Spending and Debt to Tax Rebates-Evidence from Consumer Credit Data," The Journal of Political Economy, 115(6): 986-1019. https://doi.org/10.1086/528721
- Baker, S. R., Farrokhnia, R. A., Mayer, S., Pagel, M., and Yannelis, C. 2020. "Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments," NBER Working Paper No. 27097.
- Bank of Korea. 2020. "2019 Payment and Settlement Report," Bank of Korea Report (in Korean).
- Chetty, Raj et al. 2020. "How did COVID-19 and stabilization policies affect spending and employment? A new real-time economic tracker based on private sector data," NBER Working Paper w27431.
- Hong, Minki. 2020. "The Impact of COVID-19 and Emergency Disaster Relief on Consumer Spending," Monthly Labor Review (December 2020, Passage No.189) (in Korean).
- Johnson, D., J. Parker, and N. Souleles. 2006. "Household Expenditure and the Income Tax Rebates of 2001," American Economic Review, 96(5): 1589-1610. https://doi.org/10.1257/aer.96.5.1589
- Kan, Kamhon, Shin-Kun Peng, and Ping Wang, 2017. "Understanding Consumption Behavior: Evidence from Consumers' Reaction to Shopping Vouchers," American Economic Journal: Economic Policy, 9(1): 137-153. https://doi.org/10.1257/pol.20130426
- Karger et al. 2020. "Heterogeneity in the Marginal Propensity to Consume: Evidence from Covid-19 Stimulus Payments," FRB of Chicago Working Paper.
- Kim, Meeroo and Yoonhae Oh. 2020. "The Effects and Implications of the First COVID-19 Relief Package," KDI Policy Forum, 281 (in Korean).
- Kim, Seonghoon, Kanghyock Koh, and Wonjun Lyou. 2020. "Do COVID-19 Stimulus Payments Stimulate the Economy? Evidence from Card Transaction Data in South Korea," September 29, 2020.
- Lee, Tae Suk, Meeroo Kim, Yoonhae Oh, and Youngwook Lee. 2020. "A Study on the Payment of Emergency COVID-19 Relief Fund," Ministry of Public Administration and Security Service Report (in Korean).
- Lee, Woojin, Changhui Kang, and Seokjin Woo. 2020. "The Effect of the 1st Emergency COVID-19 Relief Fund on Household Consumption in 2020," The Korean Economic Association-Income-led Growth Special Committee Joint Meeting Material (in Korean).
- Misra, K., V. Singh, and Q. Zhang. 2020. "Impact of the CARES Act Stimulus Payments on Consumption," NYU Stern School of Business Working Paper.
- Parker, J., N. Souleles, D. Johnson, and R. McClelland. 2013. "Consumer Spending and the Economic Stimulus Payments of 2008," The American Economic Review, 103(6): 2530-2553. https://doi.org/10.1257/aer.103.6.2530