Why Did Consumer Credit Scores Go Up during the Covid-19 Pandemic?

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Stig Daniels and Rice University's Baker Institute tarafından hazırlanmış olup, Player FM ve topluluğumuz tarafından keşfedilmiştir. Telif hakkı Player FM'e değil, yayıncıya ait olup; yayın direkt olarak onların sunucularından gelmektedir. Abone Ol'a basarak Player FM'den takip edebilir ya da URL'yi diğer podcast uygulamalarına kopyalarak devam edebilirsiniz.

The Covid-19 pandemic caused huge economic disruption for millions of Americans. Unemployment rose sharply. Many businesses – especially small ones – struggled to stay open. Yet consumer credit scores actually increased during the course of the pandemic. What explains this surprising result? What role did reduced household consumption play? How did government programs impact credit scores? And what will happen as the pandemic eases – and, with it, government relief measures?

This episode’s guest is Dr. Joyce Beebe, Fellow in Public Finance at the Baker Institute and an expert on taxation. She has recently published an issue brief titled “The Curious Case of High Consumer Credit Scores.” It is available on the Baker Institute website.

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