Lewis, Kenneth A.; Seidman, Laurence S. - In: Journal of Post Keynesian Economics 34 (2011) 2, pp. 183-204
Did the 2008 rebate fail to stimulate consumer spending? In their influential <i>American Economic Review</i> articles, John Taylor and Martin Feldstein each claim that Bureau of Economic Analysis (BEA) aggregate time series data show that the 2008 rebate failed. Reexamining the BEA data, we find that...