The Economic Examination of Korea’s Livelihood Recovery Consumption Coupon in 2025: A Ricardian Perspective
This paper analysis the economic effect of the Livelihood Recovery Consumption Coupon on economy of South Korea. Using macroeconomic indicator and survey data, this paper predicts low MPC(Marginal Propensity to Consume) also pointing its long-term inefficiency and structural constraints. The result evokes questions about the effectiveness and fiscal sustainability of the policy.
Authors
- S. Lee
Institutions
- Arkansas Power Electronics International (US)
Publication Details
- Journal
- International Journal For Multidisciplinary Research
- Published
- 2025-08-04
- DOI
- https://doi.org/10.36948/ijfmr.2025.v07i04.52969
- Primary Topic
- Economic Growth and Productivity
- Type
- article
- Field-Weighted Citation Impact
- 0.00