D8 - Information, Knowledge, and Uncertainty
-
-
The COVID-19 Consumption Game-Changer: Evidence from a Large-Scale Multi-Country Survey
A multi-country consumer survey investigates why and how much households decreased their consumption in five key sectors after pandemic-related restrictions were lifted in Europe in July 2020. Beyond infection risk and precautionary saving motives, households also reported not missing some consumption items, which may indicate preference shifts and structural changes in the post-COVID-19 economy.