Economic Progress

Who were the winners and losers in the COVID-19 'wealth surge'?

COVID-19 saw households around the US pay off debt and save. Image: Unsplash/National Cancer Institute

Cyril Rebillard

Economist in the Open Economy Macroeconomics Division of the Research Department, IMF

Cian Allen

Economist, Open Economy Division , IMF

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Wealthier households in the US saved more and gained more in net wealth during the pandemic Image: IMF Blogs

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Economic ProgressCOVID-19

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