Posted by ineedhelp! on .
what is the impact of the tax rebate check on fiscal and monetary policy?
The rebate check represents fiscal policy. It is part of that policy, and is expected to help increase consumption by increasing disposable income.
This link discusses the house bill's stimulus package, which was close to the final stimulus package actually passed and signed.
Here is another from Brookings:
One more from Marty Feldstein: