What and How did People Buy During the Great Lockdown? Evidence from Electronic Payments

Susana Peralta, Bruno Carvalho and João Pereira dos Santos have a new working paper where they investigate the effect of the Covid-19 pandemic in private consumption in Portugal.

Using monthly data from sybs, the main provider of point of sale terminals and on-line payments in Portugal, they investigate the break in individual transactions by comparing the values against the two previous years. A study of the most affected sectors, as well as differences across municipalities, is also pursued.

Check out the paper at: https://ideas.repec.org/p/eca/wpaper/2013-307531.html