Households often use stimulus checks to repay their debt. How does this affect the effectiveness and design of fiscal policy? Check out the @FacultiNet video where we discuss our joint work with Davide Melcangi, @pilossopher.bsky.social, and @davidwiczer.bsky.social faculti.net/debt-stimulu...
Debt, Stimulus & Household Cash Transfers
If most households use stimulus checks to repay debt, what does that mean for how we design economic policy?
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