Voucher or Cash – Empirical Study Based on International Samples

Research Assistant, Beijing Foreign Studies University, 2021-04 - 2022-02

This research investigates the factors affecting economic policy makers when deciding upon policy options to boost consumption after facing the negative impact of the coronavirus pandemic, in particular the policy options of cash or voucher incentives. The logit model and the random forest model is used to examine the possible factors, including macroeconomic, fiscal, social, epidemic and institutional variables, based on the data of 190 countries around the world.