Financial Concerns and the Marginal Propensity to Consume in COVID Times : Evidence from UK Survey Data /

We study how household concerns about their future financial situation may affect the marginal propensity to consume (MPC) during the COVID-19 pandemic. We use a representative survey of UK households to compute the MPC from a hypothetical transfer of pound 500. We find that household expectations p...

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Bibliographic Details
Main Author: Albuquerque, Bruno
Other Authors: Green, Georgina
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/047
Subjects:
Online Access:Full text available on IMF