The Great Macroeconomic Experiment: Assessing the Effects of Fiscal Stimulus Spending on Employment Growth

As the economics profession is split over the expected impact of the American Recovery and Reinvestment Act of 2009, we analyze the effects as if it were an experiment. Specifically, we analyze the effects of spending on employment using a difference-in-difference approach by state. To date, we find spending has had no significant effect on employment.

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Year of publication:	2009-07
Authors:	Baumann, Robert ; Engelhardt, Bryan ; Matheson, Victor
Institutions:	Department of Economics and Accounting, College of the Holy Cross
Subject:	fiscal policy \| economic stimulus \| unemployment \| jobs

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 0910 7 pages
Classification:	E12 - Keynes; Keynesian; Post-Keynesian ; E13 - Neoclassical ; E32 - Business Fluctuations; Cycles ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004988405