How did Americans use their coronavirus stimulus cheques?42% of the money was spent. Another 27% was saved. The remaining 31%

How did Americans use their coronavirus stimulus cheques?42% of the money was spent. Another 27% was saved. The remaining 31% was used to repay debts.
Paper by Olivier Coibion, Yuriy Gorodnichenko and Michael Weber
nber.org/papers/w27693
featured in
economist.com/graphic-detail… https://t.co/sVH1pExNb5

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