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The Demographics of the Recipients of the First Economic Impact Payment

Leah Clark, Adam J. Cole, Amanda Eng, Ben S. Meiselman, Nikolas Pharris-Ciurej, Kevin Pierce and John Voorheis

Working Papers from U.S. Census Bureau, Center for Economic Studies

Abstract: Starting in April 2020, the federal government began to distribute Economic Impact Payments (EIPs) in response to the health and economic crisis caused by COVID-19. More than 160 million payments were disbursed. We produce statistics concerning the receipt of EIPs by individuals and households across key demographic subgroups. We find that payments went out particularly quickly to households with children and lower-income households, and the rate of receipt was quite high for individuals over age 60, likely due to a coordinated effort to issue payments automatically to Social Security recipients. We disaggregate statistics by race/ethnicity to document whether racial disparities arose in EIP disbursement. Receipt rates were high overall, with limited differences across racial/ethnic subgroups. We provide a set of detailed counts in tables for use by the public.

Pages: 26 pages
Date: 2023-05
New Economics Papers: this item is included in nep-des and nep-hea
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https://www2.census.gov/library/working-papers/2023/adrm/ces/CES-WP-23-24.pdf First version, 2023 (application/pdf)
https://www2.census.gov/ces/misc/appendix_WP_23_24.xlsx Appendix (application/vnd.ms-excel)

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Persistent link: https://EconPapers.repec.org/RePEc:cen:wpaper:23-24

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