Data availability
The authors do not have permission to share data publicly, but researchers can visit the Seoul Big Data Campus office to access the raw data used for this study.
The authors do not have permission to share data publicly, but researchers can visit the Seoul Big Data Campus office to access the raw data used for this study.
We thank the co-editor, Damon Jones, and two anonymous referees for their valuable comments and suggestions. We also thank seminar participants at KAIST, Korea University, Seoul National University, Sogang University, Yonsei University, the Korean Economic Assocation annual meeting, and the Korea Labor Economics Association monthly meeting. We are grateful to the Seoul Metropolitan Government Big Data Campus for data access. Kim and Koh acknowledge financial support from the Ministry of Education of the Republic of Korea and the National of Korea (NRF-2021S1A5A2A03064205). Koh acknowledges financial support by Korea University grant (K2306231). The previous version of this paper was circulated as “Do COVID-19 Stimulus Payments Stimulate the Economy?” All errors are on our own.