• How did COVID-19 Economic Impact Payments affect households and the economy?

  • May 31 2022
  • Duración: 22 m
  • Podcast

How did COVID-19 Economic Impact Payments affect households and the economy?

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  • Resumen

  • The three rounds of Economic Impact Payments during COVID-19 were by far the largest direct stimulus payments made to American households. They were one of the main policy successes of the pandemic response in providing immediate support directly to households. What effect did these checks have on households and the economy? Should the program be replicated in future recessions—or better targeted? Melvin Stephens Jr., professor and chair of economics at the University of Michigan, and Michael Gelman, assistant professor of economics at Claremont McKenna College, join host David Wessel to discuss lessons learned about stimulus checks.

    Show notes and transcript: https://brook.gs/3z2wf9S 

    Recession Remedies podcast is part of the Brookings Podcast Network. Subscribe and listen on Apple, Spotify, Google, or wherever you listen to podcasts. Send feedback email to podcasts@brookings.edu, and follow and tweet at @policypodcasts on Twitter.
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