Means-tested COVID-19 stimulus payment and consumer spending: Evidence from card transaction data in South Korea.

This study examines the effect of a means-tested COVID-19 stimulus payment, which was provided by the Seoul Metropolitan Government in South Korea, on consumer spending. The Seoul government issued a one-off payment in the spring of 2020 for residents in the city living below the national median income. We use daily card transaction data aggregated by users' age, income and location of residence, and apply a difference-in-differences approach to assess the effect of the stimulus payment.

How Do Time Use and Social Relationships Affect the Life Satisfaction Trajectory of Korean Adolescents?

This study investigated the life satisfaction trajectory of Korean adolescents, and factors associated with changes in life satisfaction. Specifically, we focused on how changes in time use and social relationships were associated with changes in life satisfaction. Using three waves of the Korean Children and Youth Panel Survey, we conducted a series of multilevel growth curve modeling analyses.