Stimulus checks and household spending during COVID, a later kindergarten entry for boys, and the case for refugee charter cities.
Build cities, not camps: A proposal for addressing refugee crises Risks of fragility, conflict, violence, climate change, and famine have soared in recent decades. As a result, the number of people fleeing their homes and seeking refuge has risen to 27 million. Michael Lokshin and Jan-Peter Olters make the case for charter cities, which can provide safety, support networks, and job opportunities to refugees. Read more | Stimulus checks and household spending during the pandemic “People highly exposed to the economic consequences of the COVID-19 pandemic rapidly spent their federal Economic Impact Payments during the early months of the pandemic. However, many other people saved their payments, contributing to strong household balance sheets and, potentially, buying demand and price increases in the past year,” find Jonathan Parker and co-authors in their fall 2022 contribution to the Brookings Papers on Economic Activity. Read more | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |