Acts of Congress and COVID-19: A Literature Review on the Impact of Increased Unemployment Insurance Benefits and Stimulus Checks

Elena Falcettoni and Vegard Nygaard

No 2021-02-24-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Congress passed the first COVID-19 relief package for businesses and individuals in March 2020, when the Coronavirus Aid, Relief and Economic Security (CARES) Act was enacted, providing, among other things, one-time stimulus checks for individuals, extended unemployment insurance (UI) benefits, relief for state and local governments, liability protection, and the Paycheck Protection Program for small-business loan forgiveness.

Date: 2021-02-24
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2021-02-24-2

DOI: 10.17016/2380-7172.2848

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