首页|Perceived economic prospects during the early stage of COVID-19 breakout

Perceived economic prospects during the early stage of COVID-19 breakout

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  • NETL
  • NSTL
  • Wiley
How does a new epidemic affect individuals' expectations on economic prospects in the early stage of the breakout? We implemented an incentivized longitudinal online survey soon after the outbreak of the coronavirus disease 2019 (COVID-19) epidemic in China to answer this question. Results show that fewer new confirmed COVID-19 cases significantly increase individuals' expectations on gross domestic product and consumer price index growth rates. Our finding provides evidence that at the early stage of an unfamiliar epidemic, containing the spread of the disease may help to maintain positive economic expectations among individuals.

COVID-19expectationlongitudinal survey

Keyang Li、Yu Qin、Jing Wu、Jubo Yan

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School of International Trade and Economics, University of International Business and Economics, Beijing, China

NUS Business School, National University of Singapore, Singapore, Singapore

Hang Lung Center for Real Estate and Department of Construction Management, Tsinghua University, Beijing, China

School of Social Sciences, Nanyang Technological University, Singapore, Singapore

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2023

10.1111/coep.12616

Contemporary economic policy

Contemporary economic policy

SSCI
ISSN：1074-3529
年,卷(期)：2023.41(4)
  • 36