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040 |aCaOODSP|beng|erda|cCaOODSP
043 |an-cn---
0861 |aFB3-5/2021-57E-PDF
1001 |aHodbod, Alexander, |eauthor.
24514|aThe COVID-19 consumption game-changer : |bevidence from a large-scale multi-country survey / |cby Alexander Hodbod, Cars Hommes, Stefanie J. Huber and Isabelle Salle.
264 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2021.
264 4|c©2021
300 |a1 online resource (1 volume (various pagings)) : |bcharts.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = |aDocument de travail du personnel, |x1701-9397 ; |v2021-57
500 |a"Last updated: November 18, 2021."
504 |aIncludes bibliographical references (pages 39-42).
520 |a"Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis had a sustained impact on consumer confidence, preferences, and hence, spending. The elongated and profound experience of the COVID-19 crisis may durably affect consumer preferences. We conducted a representative consumer survey in five European countries in summer 2020 after the release of the first wave’s lockdown restrictions. We document the underlying reasons for households’ reduction in consumption in five key sectors: tourism, hospitality, services, retail, and public transports. We identify a large confidence shock in the Southern European countries and a shift in consumer preferences in the Northern European countries, particularly among high-income earners. We conclude that the COVID-19 experience has altered consumer behavior and that long-term sectoral consumption shifts may occur"--Abstract.
650 0|aCOVID-19 Pandemic, 2020-|xEconomic aspects.
650 0|aConsumption (Economics)
650 6|aPandémie de COVID-19, 2020-|xAspect économique.
650 6|aConsommation (Économie politique)
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2021-57.|w(CaOODSP)9.806221
85640|qPDF|s1014 KB|uhttps://publications.gc.ca/collections/collection_2021/banque-bank-canada/FB3-5-2021-57-eng.pdf