Acts of Congress and COVID-19: A Literature Review on the Impact of Increased Unemployment Insurance Benefits and Stimulus Checks
10 Pages Posted: 23 Dec 2020 Last revised: 4 Jan 2021
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Acts of Congress and COVID-19: A Literature Review on the Impact of Increased Unemployment Insurance Benefits and Stimulus Checks
Number of pages: 10
Posted: 23 Dec 2020
Last Revised: 04 Jan 2021
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Acts of Congress and COVID-19: A Literature Review on the Impact of Increased Unemployment Insurance Benefits and Stimulus Checks
FEDS Notes No. 2021-02-24-2
https://doi.org/10.17016/2380-7172.2848
https://doi.org/10.17016/2380-7172.2848
Posted: 01 Mar 2021
Date Written: December 21, 2020
Abstract
This Note is meant to present an overview of what economists have analyzed regarding the implications of two main components of the CARES Act that impact individuals: the increased UI benefits and the stimulus checks. We present the findings from the literature on these two policies with an eye on potential future governmental interventions.
Keywords: COVID-19, Unemployment Insurance, Stimulus Checks, CARES Act
Suggested Citation: Suggested Citation
Falcettoni, Elena and Nygaard, Vegard M., Acts of Congress and COVID-19: A Literature Review on the Impact of Increased Unemployment Insurance Benefits and Stimulus Checks (December 21, 2020). Available at SSRN: https://ssrn.com/abstract=3752834 or http://dx.doi.org/10.2139/ssrn.3752834
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