impact of the current pandemic on income and poverty to inform the targeting of resources to those most affected and assess … the success of current efforts. We construct new measures of the income distribution and poverty with a lag of only a few …, government policy effectively countered its effects on incomes, leading poverty to fall and low percentiles of income to rise …

In the U.S., analyses of poverty rates and the effects of anti-poverty programs rely almost exclusively on income data … mothers. Our earlier work did not show that income and consumption differ in practice. Here we further examine data quality … issues and show that important conclusions about recent trends depend on whether one uses consumption or income. Changes in …