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interest in additional stimulus in order to boost the economy and lower the unemployment rate. This paper briefly outlines a … than they had expected at the time the last stimulus package was approved in February. As a result, there is likely to be …, or a shorter workweek. This tax credit can both provide short-term stimulus and also provide an incentive to restructure …
Persistent link: https://www.econbiz.de/10004999566
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In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While … spending, we document that the effects of government spending were stronger during the peak of the pandemic recession, but only …
Persistent link: https://www.econbiz.de/10012705410
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There are many economists who argue that temporary tax cuts, like those in the 2009 stimulus and the ones proposed by …
Persistent link: https://www.econbiz.de/10009293654
Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession, but in this … paper we find little support for either of two arguments that suggest that structural unemployment has been on the rise. The … first argument focuses on the large increase in unemployment among construction workers. The second argument is that falling …
Persistent link: https://www.econbiz.de/10008867484
Many proponents of conservative fiscal policies talk of the budget deficit as being a matter of intergenerational equality. However, this paper shows the younger generations (and those yet to be born) will contribute more to the deficit than older generations. This analysis uses data from the...
Persistent link: https://www.econbiz.de/10008545824
This paper covers seven key points about the national debt, budget and trade deficits, and the dollar that the public needs to understand in order to be well-informed and prepared to choose among various policy options.
Persistent link: https://www.econbiz.de/10009145708