Evidence map›Paper›PMID 40477778›Full record

ArticleJournal of safety science and resilience = An quan ke xue yu ren xing (Ying wen)2021

COVID-19 economic policy effects on consumer spending and foot traffic in the U.S.

Zhiqing Yang, Youngjun Choe, Matthew Martell

Abstract read
In one paragraph

Article in Journal of safety science and resilience = An quan ke xue yu ren xing (Ying wen), 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 5 papers.

0numbers the graph read from it
0cells of the map it votes in
5citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

5 citing papers in PubMed.

  1. Article
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4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

3 authors.

Zhiqing YangDepartment of Statistics, University of Washington, United States.
Youngjun ChoeDepartment of Industrial & Systems Engineering, University of Washington, United States.
Matthew MartellDepartment of Industrial & Systems Engineering, University of Washington, United States.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

To battle with economic challenges during the COVID-19 pandemic, the US government implemented various measures to mitigate economic loss. From issuance of stimulus checks to reopening businesses, consumers had to constantly alter their behavior in response to government policies. Using anonymized card transactions and mobile device-based location tracking data, we analyze the factors that contribute to these behavior changes, focusing on stimulus check issuance and state-wide reopening. Our finding suggests that stimulus payment has a significant immediate effect of boosting spending, but it typically does not reverse a downward trend. State-wide reopening had a small effect on spending. Foot traffic increased gradually after stimulus check issuance, but only increased slightly after reopening, which also coincided or preceded several policy changes and confounding events (e.g., protests) in the US. We also find differences in the reaction to these policies in different regions in the US. Our results may be used to inform future economic recovery policies and their potential consumer response.

Indexed as

COVID-19Economic impactInterrupted time series analysis

Identifiers

PMID40477778
PMCPMC8491973

What OpenQuestion holds

Textmetadata
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.