Do out of town superstores adversely affect traditional shopping centres by siphoning off the higher purchasing power of car‐owning households? The arguments for and against persist, but it appears that retail warehouses, selling bulky, durable goods in out of town locations are generally...

The paper assesses, using seven structural models used heavily by policymaking institutions, the effectiveness of temporary fiscal stimulus. Models can, more easily than empirical studies, account for differences between fiscal instruments, for differences between structural characteristics of...