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Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...
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"A key issue in current research and policy is the size of fiscal multipliers when the economy is in recession. Using a …
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study the effects of fiscal stimulus. Our small-open-economy empirical setting permits us to estimate key macroeconomic …
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A key issue in current research and policy is the size of fiscal multipliers when the economy is in recession. We …
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