Lunge Systems: Pathways

Institute-UI-Benefits-Boost-Policy-Brief

auto-generated 31-Jan-2021

Policy Brief The unemployment benefit boost: Trends in spending and saving when the $600 supplement ended Diana Farrell, Peter Ganong, Fiona Greig, Max Liebeskind, Pascal Noel, Daniel Sullivan, Joseph Vavra October 2020 Unemployment benefits have taken on an unprecedented role in the U.S. economy during the COVID-19 pandemic. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed on March 27, 2020, expanded the scope of unemployment benefits in two ways. First, it authorized a $6

Keywords

policy brief the unemployment benefits from the spending unemployment benefit boost policy unemployment benefits checking account unemployment unemployment benefit boost fiona greig max liebeskind

Sources: McKinsey

Pathway Demo and Download Data

You can download the excel file containing Categories, Goals, Measures and Actions. Please use Lunge App, to try the pathway data.

Download Pathway Data

Type: Strategies

Priority/ Function Areas: Business & Industrial Computers & Electronics Finance Internet & Telecom

Sectors/ Fields of Life: Manufacturing Wholesale & Retail Trade Information, Finance & Insurance Technical & Management Services

People/ Roles: Consumer Services Service Vendors Manufacturers Multi-Nationals Governments

Profiles: the benefits this analysis this program the drop the impacts the sample the endofmonth this pattern the program october benefits the spending the group the coronavirus the benefit the supplement a record the level the act the sum the result the decline the expiration the twothirds the balance the worker the economy a subset this gure this research the government this result the value

Goals: report unemployed persons divide insurance transfers isolate spending response exhaust accumulated buffer include offsets note perform same exercise find similar result measure paid benefits include made outflows divide natural question hold checking accounts observe deposited benefits take unprecedented role use constrained measure show percent drop use transfers series use narrow definition exceed prejob baseline roll smaller decline mean total inflows receive equal benefits receive unemployment ts exhibit percent increase include receive customers check checking outflows offer important lessons require benefit receipt

Measures: directdeposited insurance unemployment benefits2 accumulate buffer unemployedchecking balance personal income chase customers average spending policy findings debt payments monthly benefits selfemployed individuals limit funds total outflows lose wages broad recovery ordinary times significant improvements primary user aggregate benefits same exercise additional savings bene ts aggregate effects constrain measure eligible recipients check account total payments economic payments unemployment benefits small decline narrow definition much supplement weekly note far support unemployed endnotes account balance weekly spending unemployment insurance give month account outflows unemployment benefits8 percent increase continue claims sudden rise endofmonth balance fiscal support inclusive assets yearonyear increase write consent employ households future months percent drop total assets policy brief similar result weekly supplement prepandemic standards employ group total income natural question spend response spend increase recent changes cash withdrawals same user unemployment ts unemployed families important lessons 600perweek supplement multiple accounts first payment unprecedented role electronic outflows check accounts benefit receipt economic security total inflows 300perweek supplement jobless workers pandemic program electronic spending baseline families total transfers pandemic assistance accumulate savings renew policymakers identifiable spending liquid assets directdeposited ts unemployed individuals brief findings account balances great recession3 key findings encompass spending relative receipt unemployment receipt typical families benefit supplement additional spending whenunemployed spending unemployed persons limit set insurance transfers aggregate consumption liquid savings equal benefits saving buffer prepandemic fig loss baseline prejob baseline normal times1 separate analysis financial stability

Actions: explain some hold accounts report persons reserve publication offer lessons renew form attribute rise include payments offset some see al accumulate that expand scope double savings check accounts observe benefits hold savings cut spending require receipt show spending receive insurance understand supplement isolate response find spending support consumption institute supplement include outflows use series use measure highlight importance check inflows include customers examine families impact consumption mean inflows check institute move consumption divide transfers use definition exceed baseline increase value roll lwa exceed peak divide question leave them include note check account take role roll decline find 3 measure benefits receive benefits2 show signs spend eip receive ts exhaust buffer compute percentages identify that receive which include transfers spend twothirds perform exercise see ganong authorize supplement account sample divide july boost spending pay benefits check balance reopen 12 divide series check outflows find result observe that show drop receive eip receive benefits8 receive benefits exhibit increase spend spending check balances show 11 provide details find 2 use assets

Organization:

Find Pathways:

Keywords

Pathway Demo and Download Data