Households spent only a small fraction of their 2020 Economic Impact Payment (EIPs) within a couple of months of arrival, consistent with i) pandemic constraints on spending, ii) other pandemic programs and social insurance, and iii) the broader disbursement of the EIPs compared to the economic...

Although child poverty rates continue to surpass those of others, there is growing consensus that current official poverty measure has become outdated and flawed. Using data from the Current Population Survey and the Survey of Income and Program Participation, we implement an experimental...