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Consumer Spending In Terms Of Quintuple Helix

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The Model:

\[ Daily Consumer spending Per Capita_{it} = \] \[ = β1*If After Treatment Period_{it} + \] \[ + β2* If After Treatment Period_{it}*If Treated_{i} \]

\[+ β3* COVID Death Rate_{it}+a_{i}*US State D_{i} +\] \[ + β4*COVID Death Rate_{it}*If Treated_{i}+ E_{it} \]

The US Rational Policy Implications

Depending On the Impact of the SHO

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The US Daily Total Consumer spending Pattern,

USD PC (Jan 21 - November 11, 2020)

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The Analysis of Consumer Spending In Counties

in Treated and Control Groups

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The Analysis of Consumer Spending in Counties

in Treated and Control Groups

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The Estimation of the SHO Treatment Effect

for the Heterogeneous Sectors of US Personal Consumption, Fixed Effects DID

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The Estimation of the SHO Treatment Effect

for Employment (Heterogeneity across Wages), Fixed Effects DID

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The Estimation of the SHO Treatment Effect

for Employment (Heterogeneity across S-Sectors), Fixed Effects DID

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Place of Consumer Spending and SHO Policy

in the Federal and Regional Economies

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Suggested Influence Mechanism of the SHO Treatment

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