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

See all articles by Elena Falcettoni

Elena Falcettoni

Board of Governors of the Federal Reserve System

Vegard M. Nygaard

University of Houston

Multiple version iconThere are 2 versions of this paper

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

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

Elena Falcettoni (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

HOME PAGE: http://www.elenafalcettoni.com

Vegard M. Nygaard

University of Houston ( email )

Houston, TX 77204-5882
United States

HOME PAGE: http://https://sites.google.com/site/vegardmokleivnygaard/

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