Discussion Paper

Wealth Inequality and COVID-19: Evidence from the Distributional Financial Accounts

Abstract: A wide range of economic activity has been severely disrupted by the COVID-19 pandemic, while others have been remarkably resilient throughout the restrictions placed on our physical interactions. The unique pattern of income losses, spending reductions and substitutions, and government relief raise many questions about how different groups fared economically over the last year.


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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2021-08-30

Number: 2021-08-30-2