#EconTwitter, check out new WP by Nygaard, Sørensen, Wang @UHouston on optimal allocation of COVID-19 stimulus checks. Optimal policy allocates more to low-income & younger ppl & can achieve same stimulus effect at ~50% of cost. Comments welcome!

Paper: https://t.co/ZYJdcu5A6V pic.twitter.com/JkSn5IxN1l

— Fan Wang (@fanwangecon) September 14, 2020