TY - CONF T1 - Assessing the Economic Impact Payment in the Older Population T2 - Retirement and Disability Research Consortium 23rd Annual Meeting Y1 - 2021 A1 - Kezdi, Gabor A1 - David R Weir KW - COVID-19 KW - economic impact KW - Stimulus effects AB - The COVID-19 pandemic is the greatest threat to the health and well-being of the older population in at least a century. The economic consequences of public health policies to mitigate that threat are also of serious concern. This project proposes to study one part of the policy response. We will use data collected by the Health and Retirement Study in its 2020 wave to study awareness and impact of the Economic Impact Payment (EIP) stimulus on different groups of older Americans during the coronavirus pandemic. The EIP was authorized as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in late March 2020. It provides for a direct stimulus payment to individuals, similar to stimulus programs in previous economic downturns in 2001 and 2008. The great advantage to studying the impact of the EIP in HRS is the volume of other information that can be used to understand differentials in eligibility, awareness, and disposition. From the 2020 survey we will know about the impact of COVID-19 on work and health, as well as the usual measures of income and wealth. JF - Retirement and Disability Research Consortium 23rd Annual Meeting PB - Center for Financial Security, University of Wisconsin-Madison CY - Virtual Event UR - https://cfsrdrc.wisc.edu/files/2021-RDRC-Meeting-Booklet.pdf#page=7 ER -