The Fiscal Multiplier and Economic Policy Analysis in the United States: Working Paper 2015-02

The recession from 2007 to 2009 sparked wide interest in the economic effects of fiscal policy. That interest is reflected in an ongoing debate over the size of the fiscal multiplier. This working paper addresses three questions: What models do economists use to estimate that multiplier? Why do estimates of it vary widely? How can economists use those estimates to judiciously analyze U.S. economic policy??

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Year of publication:	2015-02-03
Authors:	Reichling, Felix ; Whalen, Charles
Institutions:	Congressional Budget Office, United States Congress

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 49925
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; H30 - Fiscal Policies and Behavior of Economic Agents. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011161580