In April 2020, the US government sent economic impact payments (EIPs) directly to
households as part of its measures to address the COVID-19 pandemic. We characterize …

In this article, we assess the utility of the American Voices Project in supplementing more
traditional sources of labor market data. To do so, we explore the effects of safety net …

Over the pandemic, historic levels of government transfers boosted household income while
household spending was severely curtailed by social distancing. This led the personal …

This paper studies how and why households adjust their spending, saving, and borrowing in
response to transitory income shocks. We leverage new large-scale survey data to first …

Cash transfer payments are an increasingly widespread policy tool in developed and
developing countries, used for both short-term objectives such as boosting consumer …

We study how household concerns about their future financial situation may affect the
marginal propensity to consume (MPC) during the COVID-19 pandemic. We use a …

This paper surveys economic literature largely from 2020 and 2021 on how the COVID-19
pandemic and responses to it affect US income inequality. Established trends of growing …

Ever since the start of the coronavirus pandemic, lockdowns to curb the spread of the virus
have resulted in an increased interest of retail investors in the stock market, due to more free …

We use UK transaction-level data during the Covid-19 pandemic to study whether mortgage
payment holidays (PH) can act as a mechanism for smoothing household consumption …

This analysis focuses on the evolution of household balance sheets over the course of the
COVID-19 pandemic. Balance sheets have been buffeted by many factors, including …