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Seguimiento de la crisis del COVID-19 con datos de transacción de alta resolución
[Tracking the COVID-19 Crisis with High-Resolution Transaction Data]

Author

Listed:
  • Vasco M. Carvalho
  • Juan Ramón García
  • Stephen Hansen
  • Alvaro Ortiz
  • Tomasa Rodrigo
  • José V. Rodríguez Mora
  • Pep Ruiz

Abstract

Explotamos datos de transacciones de alta frecuencia / alta resolución de BBVA para analizar la dinámica del gasto en España durante la actual pandemia de COVID-19. Encontramos poco cambio en el gasto antes del confinamiento, pero inmediatamente después observamos caídas del gasto muy elevadas y sostenidas. We exploit high-frequency/high-resolution transaction data from BBVA to analyse the dynamics of expenditure in Spain during the ongoing COVID-19 pandemic. We find little shift in expenditure prior to the national lockdown, but then immediate, very large, and sustained expenditure reductions thereafter.

Suggested Citation

  • Vasco M. Carvalho & Juan Ramón García & Stephen Hansen & Alvaro Ortiz & Tomasa Rodrigo & José V. Rodríguez Mora & Pep Ruiz, 2020. "Seguimiento de la crisis del COVID-19 con datos de transacción de alta resolución [Tracking the COVID-19 Crisis with High-Resolution Transaction Data]," Working Papers 20/06, BBVA Bank, Economic Research Department.
    • Handle: RePEc:bbv:wpaper:2006
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    References listed on IDEAS

    as
    1. Scott R Baker & Robert A Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis & Jeffrey Pontiff, 0. "How Does Household Spending Respond to an Epidemic? Consumption during the 2020 COVID-19 Pandemic," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 10(4), pages 834-862.
    2. Adams-Prassl, A. & Boneva, T. & Golin, M & Rauh, C., 2020. "Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the US," Cambridge Working Papers in Economics 2022, Faculty of Economics, University of Cambridge.
    3. Theresa Kuchler & Dominic Russel & Johannes Stroebel, 2020. "The Geographic Spread of COVID-19 Correlates with the Structure of Social Networks as Measured by Facebook," NBER Working Papers 26990, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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