Tag: Economic Impact Payments
We just finished a study that looks at how the pandemic affected the finances of vulnerable households as well as those with more resources, using data from the Panel Study of Income Dynamics (PSID). The PSID is a panel survey, which allows us to follow the same households over time, that includes in-depth information on…
Introduction The question is how the COVID-19 pandemic affected the finances of the vulnerable households, as well as those with more resources. On one hand, the shutdown of the economy resulted in salary cuts and job losses. On the other hand, many households received substantial government relief – through stimulus payments and unemployment benefits –…
