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"Quick Response" Economic Stimulus: The Effect of Small-Value Digital Coupons on Spending

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NBER2020-07-01 更新2025-01-04 收录
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We study a new consumption stimulus model that leverages mobile payment platforms to dispense massive amounts of small-value, use-it-this-week-or-lose-it digital coupons. We evaluate the effects of one such program in a large Chinese city using novel data of mobile platform transactions of 1 million

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2020-07-01
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