Federal COVID-19 Relief Aided Consumer Debt, Though Immigrant Texans Derived Less Benefit

Wenhua Di and Chloe N. Smith

Southwest Economy, 2021, issue Second Quarter

Abstract: U.S. and Texas residents shored up their household finances during the COVID-19 recession. The prevalence of various federal-level assistance programs helped boost savings and broadly reduce debt. Among mostly immigrant groups, this tendency was less pronounced, likely due to legal and socioeconomic barriers.

Keywords: COVID-19 (search for similar items in EconPapers)
Date: 2021
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