@article{Gul_S-2022_108313,
title = {Covid-19 pandemic, vaccination and household expenditures: regional evidence from Turkish credit card data},
author = {Gul, S. and Hacihasanoglu, Y. and Kazdal, A. and Yilmaz, M.},
month = {dec},
year = {2022},
abstract = {The COVID-19 pandemic induced a volatile pattern in household expenditures on a global scale. In this study, we analyse the mitigating effect of vaccination trends on pandemic-related depression in expenditures by exploiting province-level high-frequency credit and debit card data from a large emerging market, Türkiye. The baseline analysis confirms the moderating role of widespread vaccination with respect to consumption tendencies. Our baseline findings are validated by a myriad of robustness checks. Moreover, we show that this effect on pandemic-household expenditures nexus is stronger for provinces with a higher share of services industries in total value-added.},
journal = {Applied Economics Letters},
publisher = {Taylor and Francis},
url = {https://doi.org/10.1080/13504851.2022.2161983},
}
