2022 Oct 03

Stone Inequality & Social Policy Seminar: Matthew Notowidigdo

12:00pm to 1:15pm


Allison Dining Room

Consumer-Financed Fiscal Stimulus: Evidence from Digital Coupons in China

Matthew Notowidigdo, Professor of Economics, University of Chicago

Abstract: We study a new form of economic stimulus undertaken by municipalities across China starting in 2020: government-issued digital coupons designed to encourage spending in certain categories such as restaurants, groceries, and entertainment. Using unique account-level and transaction-level data...

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