International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 4 (July-August 2025) Submit your research before last 3 days of August to publish your research paper in the issue of July-August.

The Economic Examination of Korea’s Livelihood Recovery Consumption Coupon in 2025: A Ricardian Perspective

Author(s) Sehun Lee
Country Korea (South)
Abstract 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.
Keywords Fiscal Policy, Ricardian Equivalence, MPC(Marginal Propensity to Consume), Macroeconomic Impact, Consumption Coupon.
Field Sociology > Economics
Published In Volume 7, Issue 4, July-August 2025
Published On 2025-08-04

Share this